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- LoopNet Team
371 Highland Ave
Somerville, MA 02144
Land For Sale · 0.19 AC
Investment Highlights
- Development Opportunity!!!
- Close to the Somerville Community Path, and Kenney Park.
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.19 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.19 AC |
Description
371 Highland Ave is an approved residential development featuring unique underground parking near Davis Square. 371 Highland Ave will include 23 units and 13 below-grade garage spaces. Totaling 30,050 GSF, the development opportunity is located near everything David Square has to offer including Davis Station, restaurants, and shops. 3 - 2 bedroom units, 12 - 1 bedroom units, 5 - 1 bedroom +den units, 2 - studio units, 1 -retail space. Great opportunity to develop and sell as condos or develop and add a blue chip rental property to your portfolio. This is being offered on an "as-is" basis without a formal asking price. Please contact the listing agent for due diligence material.
PROPERTY TAXES
| Parcel Number | SOME-000024-F000000-000004 | Improvements Assessment | $6,617,400 |
| Land Assessment | $2,019,200 | Total Assessment | $8,636,600 |
PROPERTY TAXES
zoning
| Zoning Code | mixed use (23 units) |
| mixed use (23 units) |
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