371 Highland Ave, Somerville MA 02144
Somerville, MA 02144 • Davis Square
$4,995,000
Est. $25,457/month
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About this home
Presenting 371 Highland Avenue - LOCATION, LOCATION, LOCATION...a fully approved development site in Davis Square, Somerville. This 30,050 GSF project, approved for 23 units and 13 below-grade parking spaces, is ready for immediate construction.All necessary permits are secured, demolition is complete, and the site has a clean 21E. Comprehensive construction plans are available for your review. Located steps from the Vibrant Davis Square MBTA station (Green and Red lines), this property offers excellent access to nearby colleges, restaurants, shops, and nightlife. It presents a prime opportunity to develop either condominiums or rental properties, addressing the strong housing demand in this highly sought-after area.
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Property History
Property Timeline
Listed for Sale
Jan 28, 2026
$4,995,000
Original listing
Agent: Jack Lister
Office: Berkshire Hathaway HomeServices Verani Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/28/2026 | 🏠 Listed for Sale | $4,995,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $0 | $0 |
Financial Details
Annual Property Tax
$0
Tax Year 2025
Assessed Value
$0
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1930
Living Area
16,021 sq ft
Lot Size
0.0000
Investment Metrics
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
0.00
Assessed Value
0.00
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Owner
Documents
None
County
Middlesex
Total market time (incl. prior listings)
182 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1930
Living Area
16,021 sq ft
Floor Layout
Interactive room guide
Floor Layout
Finished Area
16,021 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1930
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Fenced/Enclosed
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$0
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Davis Square
371 Highland Ave, Somerville MA 02144
Somerville, MA 02144
Listing Information
Listing Agent
Jack Lister
Listing Office
Berkshire Hathaway HomeServices Verani Realty
Office Phone
978-475-4411
Agent MLS ID
BB923681
Office MLS ID
AN1293
Listing Data Updated
Jul 28, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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