Somerville, MA 02143,281 Highland Ave
Somerville, MA 02143,281 Highland Ave
Somerville, MA 02143,281 Highland Ave
22
$6,050,000
$6,990,000
13.4%
Est.Price: ?

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31 BD
14 BA
13,000 SqFt

281 Highland Ave Somerville, MA 02143

Est. payment /mo
SOLD DATE : 12/01/2022

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $6,050,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 13,000 sqft

Price per Sqft $465

MLS Listing ID 73017870

Bedrooms 31

Full Baths 14

Year Built 1900

Annual Tax Amount $26,261

Tax Year 2022

Lot Size 10,890 Sqft

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Not available since 1947, this property represents an extraordinarily rare opportunity to acquire a generational asset located in a transit oriented location of Somerville's bustling Highland Avenue corridor. Comprised of a mix of floorplans and additional basement space totaling 18,750 +/- GSF, the property is sited on ¼ acre and provides garage and open space parking options. Located ½ mile from Davis, Porter and Ball Squares. MBTA Red Line stations at Porter and Davis are 10 minutes by foot. Located 1 mile from Harvard University. An excellent value-add opportunity for investors in an extremely competitive market who may also benefit from future redevelopment of the site.

Location

State MA

County Middlesex

Area Powderhouse

Zoning UR

Exterior

Garage Spaces 7.0

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Roof Type Rubber

Building

Story 3

Foundation Stone, Granite

Sewer Public Sewer

Water Public

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Listed by Mariano Smith & Co.
Bought with Team Mariano Smith • Mariano Smith & Co.
Eric Coury

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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