281 Highland Ave | Somerville, MA 02143
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- LoopNet Team
281 Highland Ave
Somerville, MA 02143
Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- Urban residence zoning permits for apartment buildings, multiplexes, and more.
- The property possesses excellent value-add potential.
- The property is conveniently located in close proximity to Davis and Porter Square.
- The location provides easy access to the 88 and 90 MTBA red lines.
PROPERTY FACTS
| No. Units | 13 | Building Size | 18,750 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 0.75/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | Urban Residence (UR) - Urban Residence | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 18,750 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | Urban Residence (UR) - Urban Residence |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Fenced Lot
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,543,700 | |
| Land Assessment | $1,438,000 | Total Assessment | $4,981,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,438,000
Improvements Assessment
$3,543,700
Total Assessment
$4,981,700
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