Somerville, MA281 Highland Avenue, Powderhouse
Price$6,990,000
Est. Mortgage: $/month
MLS Number 73017870
- MultiFamily
- Bedrooms 31
- Bathroom 14
- Square Feet 13,000
- Parking Spaces 14
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.
Listed by Team Mariano Smith, Arcangelo Mariano and Bryan Morrell of Mariano Smith & Co.