Solid mixed-use investment opportunity in the heart of Somerville. 241 Highland Ave features three fully occupied 2-bed/1-bath residential units all on current leases, plus a vacant 2,000 sq. ft. commercial space ready to be built out. The commercial space features high ceiling heights and an unfinished basement offering plenty of additional storage ideal for a range of business uses. The residential units offer hardwood floors throughout, good natural light, and functional layouts with room to add value. Units 1 and 3 feature renovated kitchens. Unit 2 features an updated bathroom. Situated between Magoun Square, Davis Square, and Porter Square with steady foot traffic and strong rental demand. Easy access to the MBTA Red Line and bus routes, with a quick commute into Boston. Street parking only.
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2025 | $459,600 | $354,700 | $814,300 | — |
| Issued | Type / Work | Status | Value |
|---|---|---|---|
| Aug 7, 2025 |
Gas Fitting
Commercial - Existing
Run gas line for furnace
#52386061
|
Open | $60 |
| Aug 7, 2025 |
Plumbing Permit
Commercial - Existing
Install 1/2 handcap bath
#52386051
|
Open | $60 |
| Feb 3, 2025 |
Electrical Permit
Residential
Installation of 100Amps meter for a common area with a 100Amps electrical panel. B24-001012
By bchara zghaib
#51566927
|
Open | $180 |
| Oct 7, 2024 |
Electrical Permit
Commercial
new sub panel installation on main level
By bchara zghaib
#51270207
|
Open | $105 |
| Sep 25, 2024 |
Building Permit
Commercial Alteration
Install fire insulation at ceiling, insulate exterior walls, Install fire code drywall, tape and primer. Replace 6 broken windows and side…
By Isam Hijazi
#16995421
|
Open | $825 |
| Aug 14, 2024 |
Gas Fitting
Residential - Existing
dryer
#51157387
|
Open | $60 |
| Aug 14, 2024 |
Plumbing Permit
Commercial - Existing
1/2 bath washer
#51157384
|
Open | $70 |
| Jul 29, 2024 |
Electrical Permit
Commercial
Finish the rough for a store
By bchara zghaib
#51089083
|
Open | $249 |
| Dec 12, 2023 |
Building Permit
Commercial Alteration
Remove drop ceiling, metal ceiling, drywall off exterior walls, and sub flooring. (DEMO ONLY)
By Isam Hijazi
#12195152
|
Open | $240 |
| Nov 26, 2023 |
Electrical Permit
Residential
make sure all electrical is safe
By Patrick Lewis
#13997722
|
Open | $100 |
| Feb 18, 2023 |
Plumbing Permit
Residential - Existing
First floor, second floor and third floor water piping
#11392565
|
Open | $60 |
| Feb 15, 2023 |
Gas Fitting
Residential - Existing
Gas Test
#11392582
|
Open | $60 |
| Nov 14, 2022 |
Building Permit
Commercial Repair
Rebuild steps leading down to basement entrance: 9 (3' x 10" x 7 3/4") steps, bottom landing (3' x 3'), top landing (32" x 32") and…
By Luisa Norcia
#10993505
|
Closed | $350 |
| Jun 6, 2022 |
Building Permit
Residential Repair
Partial Roof Replacement - EPDM Membrane - completion of 2 square(s) only, of new 60 mil EPDM Membrane installation. on the back of the…
By Heladio Salgado
#10295242
|
Open | $160 |
| Mar 5, 2019 |
Gas Fitting
Commercial - Existing
REPLACE WATER HEATER
#4988962
|
Open | $60 |
| Mar 5, 2019 |
Plumbing Permit
Commercial - Existing
Plumbing repairs, furnish and install new gas water heater
#4988957
|
Open | $60 |
Discrepancies found between MLS and assessor records.
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Sqft | 6,939 | 4,247 | ✗ |
| Year built | 1,900 | 1,900 | ✓ |
241 Highland Ave, Somerville MA 02143
Somerville, MA 02143
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/06/2026 | 🏠 Listed for Sale | $1,900,000 | - | - | Original listing |
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