333 Highland Avenue, Somerville, MA 02144
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$1,725,000
4 Unit
6 Beds
4 Baths
3752 SQFT
0.10 Acre

Property Description

Large South- & East-facing substantial turn-of-the-century 4-family only .5 mile from Davis Square and just .8 mile from Porter Square! TWO Red Line T Stops connect in minutes to Harvard, MIT, MGH, & Boston's legal & financial districts. 1 mile to Tufts University. Close to a popular conservation walking trail and a dog park. Scores of shops, restaurants, and services are minutes away. Property is set back from the street on a corner lot. Unobstructed sun exposures. High ceilings, nicely proportioned rooms, hardwood floors, many bay windows, good-size windows, and lots of updated electrical wiring. High-ceiling basement. Front and rear porches. Fenced outdoor gardens at the sides and rear of the building. 2 exits from basement. Walk score of 90! Property can be delivered vacant. Seller would like to close about 90 days from the date of the acceptance of an offer. The four units are rented for a total of $8,810/month on a Tenant-at-Will basis with a minimum of 60 days' notice.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 7
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Bulkhead, Concrete Floor, Full, Unfinished Basement, Walk Out

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 105720
  • Gross Expenses: 16183
  • GSE: 2335
  • Electric Expenses: 657
  • Water/Sewer: 1991
  • Repairs & Maintenance: 7500
  • Net Operating Income: 93237

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Storm Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Vinyl, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73343890
  • Last Updated: 03/12/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/11/2025New$1,725,000$460MLSPIN

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Seller's Representative: The Petrowsky Jones Group, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 2.5
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-12 22:13:00