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371 Highland Ave, Somerville MA 02144

$4,995,000

Estimated $32,253.93/month Calculator

Land

Residential

8,127 SqFt (0.19 acres)

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.

This home has been viewed 97 times

Last Checked: September 24th, 2025 at 4:29am (Source: MLS PIN #73390337)

General Information for 371 Highland Ave, Somerville MA 02144

Listing ID73390337

Price$4,995,000

Land TypeResidential

Approx AcresApprox. 0.19 acres (8,127 SqFt)

Number of Lots

Approximate Street Frontage

Road Frontage Type

ZoningCBD

ElectricAt Street, On-site

GasAt Street

WaterPublic,on-site,at Street

SewerPublic Sewer,on-site,at Street

Cultivation AcresNone

Pasture AcresNone

Timber AcresNone

PERC Test

PERC Test DateUnknown

AssociationNo

Association Required

Association Fee$0

Lot FeaturesLevel, Other

WaterfrontNo

Waterfront Features

View

Disclosures for 371 Highland Ave, Somerville MA 02144

DEQE/DEP#

Senior CommunityNo

Disclosures

Special Listing Conditions

For Sale By OwnerNo

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Financial Information for 371 Highland Ave, Somerville MA 02144

AssociationNo

Association Fee$0

Tax$17,716

Tax Year2025

Assessed Value$1,623,800

Contact Information for 371 Highland Ave, Somerville MA 02144

Agent

Name: Chris Kostopoulos Group

Office

Name: Keller Williams Realty

Phone: 617-969-9000

Team Members

Name: Chris Kostopoulos

Phone: 857-829-0282

Payment Calculator

, Interest

Property Taxes 1476.33

Principal & Interest 30777.6

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty

Chris Kostopoulos Group

Agent Phone

Office Phone

(617) 969-9000

Text Agent Call Agent Call Office

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EXIT