$2,200,000
About this home
Offered for sale, 237 Highland Avenue presents a rare mixed-use investment opportunity in Somerville's desirable Spring Hill neighborhood, conveniently located close to Davis Square and Porter Square. The property comprises 8,176 square feet (gross area) and includes two street-level commercial storefronts (currently occupied by a nail salon and tailor) along with four residential units consisting of two one-bedroom apartments, one studio apartment, and one four-bedroom apartment. All residential units are leased through August 2027, providing stable income. The property benefits from a strong rent roll and a highly accessible location with convenient access to Route 93, Boston, Cambridge, and public transportation. A compelling opportunity for investors seeking a well-located, income-producing asset in one of Somerville's most sought-after neighborhoods.
Property details
- MLS #
- 73536580
- Property type
- 5-9 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 66
- On market date
- June 16, 2026
- Stories
- 3
- Garage spaces
- N/A
- Lot size
- 0.08 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 436
- Student:teacher ratio
- 13.2:1
- District
- Somerville
- Enrollment
- 262
- Student:teacher ratio
- 8.2:1
- District
- Cambridge
- Enrollment
- 1,304
- Student:teacher ratio
- 11.0:1
- District
- Somerville
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 9 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.