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$ 4,995,000
Est. payment /mo
Active
371 Highland Ave Somerville, MA 02144
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73390337
HOA Y/N false
Annual Tax Amount $17,716
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Property Description
371 Highland Ave is a fully permitted and approved 23-unit development opportunity situated in the heart of Davis Square, featuring 13 below-grade parking spaces. The full Construction Document set is available. This mid-rise building encompasses 30,050 gross square feet. The existing building has been demolished and is ready for construction to begin immediately. 371 Highland Ave is strategically placed adjacent to the Davis Square MBTA stop, meeting the growing demand for premium living spaces in this vibrant area. Great opportunity to develop and sell as condos or develop and add a blue-chip rental property to your portfolio.
Location
State MA
County Middlesex
Area Davis Square
Zoning CBD
Direction 371 Highland Ave
Exterior
Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Building
Lot Description Level, Other
Sewer Public Sewer, On-Site, At Street
Water Public, On-Site, At Street
Others
Senior Community false
Listed by Keller Williams Realty
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