147 Highland Ave, Somerville, MA 02143
$2,500,000
0 beds 0 baths 5,552 sqft Built 1900Active
About this home
Somerville opportunity for residential/commercial development or investment. Zoned as MR4 and is not considered historical. The property is currently being used as 4 storefronts. 14 parking spots are located on the backside of the building with direct access to Highland Ave. The property is in close proximity to the new Green Line T stops and Somerville High School.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
Your estimated payment
$15,560/mo
- Real estate (PITI + HOA + PMI)
- $15,890
- Utilities
- $769
- Transportation
- $120
- Other (entertainment)
- $157
Principal + interest$11,339
Property tax + insurance$3,613
PMI / 2nd mortgage$938
Heating + cooling$223
Internet + TV + phone$157
Water + sewer + garbage$58
Car insurance + maintenance$120
Budget$16,060/mo
Remaining after TLC$500/mo
Purchase price
$2,500,000
Down payment
$125,000 (5%)
Loan amount
$2,375,000
APR
4%
Quick facts
Type
COM
Style
—
Year built
1900
Lot size
0.21 ac
Stories
0
Heating
—
Cooling
—
Water
—
HOA
—
Annual tax
$13,847
MLS #
73081236
County
Middlesex
Neighborhood — 02143
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 25,998 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | -2.00% | 7.00% | 20.00% |
| Population Density | 16,860 | 786 | — |
| Male | 12,855 | 3,127,134 | 147,432,321 |
| Female | 13,143 | 3,317,797 | 151,655,844 |
| Never Married | 12,051 | 1,612,885 | 63,775,926 |
| Married | 7,238 | 2,586,314 | 123,120,365 |
| Separated | 1,155 | 247,857 | 12,639,686 |
| Widowed | 1,217 | 363,594 | 15,467,586 |
| Divorced | 1,491 | 436,888 | 23,075,029 |
| Number Of House Hold | 11,443 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.23 | 2.56 | 2.60 |
| Medial Age | 32.96 | 37.25 | 35.46 |
| Median House Hold Income | $49,818 | $57,698 | $48,276 |
| Average House Hold Income | $56,671 | $75,023 | $63,629 |
| P C I | $25,726 | $29,196 | $24,529 |
| M D I | $42,538 | $48,105 | $41,133 |
| A T H E | $47,532 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 76.32% | 81.38% | 77.74% |
(Zip) Code
2143
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
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Listing information last refreshed 2/23/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.