Benoit Real Estate Group, LLC
39 Davis Square | 310 Highland Avenue
Somerville, MA 02144
2267 Mass Ave. Cambridge 02140
Sales: (617) 666-1119 | Rentals: (617) 764-5590 | Broker Direct: (617) 750-6378

247 Highland Ave, Somerville, MA 02143

Commercial

$1,600,000
Price

1
Buildings
5+ Residential
Type of Comm.
3,082.00
Lot Size
Location! Location! Location! Rare 6 unit building on Highland Ave. 10 minute walk to Davis Square and steps to bus 88 or 90 for 5 minute ride to Davis Square. 5 residential and 1 commercial unit. Huge upside potential by increasing to market rents or with condo conversions. Group showings only: Tues May 8th 6PM, Wed May 9th 12PM, Thurs May 10th 6PM. Open houses: Sat May 12th 12 - 1:30PM, Sun May 13th 12 - 1:30PM.
Open House
No scheduled Open Houses
Highlights
Lot Size: 3,082.00
Acres: 0.07
List Price: $1,600,000
Type: Commercial
Type of Comm.: 5+ Residential
Status: Contingent
Stories: 3
Buildings: 1
Total Units: 6
Units: 6
Year Built: 1900
MLS#: 72321756
Exterior
Acres: 0.07
Lot Size: 3,082.00
Parking Spaces: 3
Parking Features: Open, Paved Driveway
Construction: Frame
Location: Downtown, Urban
Utilities: Public Water, Public Sewer
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $572,100
Assessed Land Value: $389,000
Exchange: No
Gross Annual Expenses: $21,831
Gross Annual Income: $83,400
Taxes: $10,870
Tax Year: 2018
Net Operating Income: $61,569
Book/Page: 31390/242
Sublet: No
Total Assesed Value: $961,100
Zone Description: Legal Non-Conforming, Other (See Remarks)
Features
Retail Units: 1
Residential Units: 5
 
Additional
Disclosure Declaration: No
Disclosure: Building to be sold in as is condition. 3 residential units have leases. One named exclusion.
For Lease: No
Space Available: For Sale
Map
The listing office is Benoit Real Estate Group ,LLC and the listing agent is Shane Marrion. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 5/25/2018 2:05:00 PM.
 
Shane Marrion
Shane Marrion
Broker & Owner
Benoit Real Estate Group, LLC


HIGHLAND
310 Highland Avenue
Somerville, MA 02144
P: (617) 666-1119
F: (616) 666-4119
DAVIS
39 Davis Square
Somerville, MA 02144
P: (617) 764-5590
F: (617) 616-5329
CAMBRIDGE
2267 Mass Ave
Cambridge, MA 02140
P: (857) 242-4945
BROKER DIRECT
Shane Marrion
Broker / Owner
P: (617) 750-6378
shane@benoitrealestate.com


Benoit Real Estate Group, LLC   Benoit Real Estate Group, LLC
310 Highland Avenue • Somerville, MA 02144 Map it
Rentals: 617-764-5590 • Sales: 617-666-1119 
Direct: 617-750-6378 • Fax: 617-666-4119
shanevts@gmail.com

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