371 Highland Ave Somerville MA 02144 MLS #73390337

371 Highland Ave
Somerville, MA, 02144
$4,995,000
Beds
0 Baths
0 SqFt
0.19 Acres
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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.

Property Details

Price:
$4,995,000
MLS #:
73390337
Status:
Active
Beds:
0
Baths:
0
Address:
371 Highland Ave
Type:
Land
Neighborhood:
Davis Square
City:
Somerville
Listed Date:
Jun 12, 2025
State:
MA
ZIP:
02144
Lot Size:
8,127 sqft / 0.19 acres (approx)
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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

Financial

Tax Year
2025
Taxes
$17,716

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