371 Highland Ave Somerville, MA $ 4,995,000
371 Highland Ave
$ 4,995,000
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371 Highland Ave

Somerville, MA, 02144
$ 4,995,000
Baths0.0 Sq 16,021

Monthly Estimate*

$ 30,755

371 Highland Ave, Somerville, MA 02144 - Image 1
Studio

Multi-Family Home for sale in Somerville, MA

for $4,995,000. This 16,021 square foot home was built in 1930.

Presenting 371 Highland Avenue - LOCATION, LOCATION, LOCATION...a fully approved development site in Davis Square, Somerville. This 30,050 GSF project, approved for 23 units and 13 below-grade parking spaces, is ready for immediate construction.All necessary permits are secured, demolition is complete, and the site has a clean 21E. Comprehensive construction plans are available for your review. Located steps from the Vibrant Davis Square MBTA station (Green and Red lines), this property offers excellent access to nearby colleges, restaurants, shops, and nightlife. It presents a prime opportunity to develop either condominiums or rental properties, addressing the strong housing demand in this highly sought-after area.

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Multi-Family Active

Price

$ 4,995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5-9 Family

Year Built

1930

Town/City

Somerville

County/Region

Middlesex

MLS | Web ID

73472112

List By
Jack Lister

Listing Agent

Berkshire Hathaway Homeservices Verani Realty

Broker

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$30,755
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Monthly Principal & Interest
$30,755
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
1/28/2026$4,995,000 Listed Price

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371 Highland Ave, Somerville, MA, 02144 is a Multi-Family Home for sale at $4,995,000 with 16,021 sqft. 371 Highland Ave is a studio with 0.0 baths and was built in 1930. The property's zip code is 02144 which is in Somerville, MA