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14-16 Malvern Ave, Somerville, MA

Somerville · MA 02144

$1,700,000
Price
7
Beds
3.5
Baths
2870
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 2 Units
Lot size: 3,300 Sq.Ft Lot
Price per square foot: $557 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Beautiful & renovated 2 family in great location just off the Bike Path between Teele and Davis Sq. 14 Malvern has been in the same family over 60 years; used in the past as an owner occupied home and now as an investment property. Some updates include: exterior painting 2022, new roof 2021, heat pumps in both units 2021, new windows in the units 2016-2021, newer SS appliances, interior paint, smart thermostats, & more. Unit 1 is 3 beds 1.5 baths leased through 8/31/24 at 3750/month. Unit 2 is 4 -5 beds, 2 full baths, ~1700 sq ft over 2 levels and leased through 7/12/2024 at 5000/month. Both units have eat in kitchens, dishwashers, updated appliances and dedicated laundry. Located just minutes to restaurants, shops, night life, Bike Path, & public transportation, 14 Malvern makes for a great owner occupied OR investment property. Currently parking for 2, can likely increase to 3-4 cars with removal of wheelchair ramp. Please try to attend open houses Sat 2/3 & Sun 2/4 10:00-12:00.

Neighborhood & Transit

Davis Square

14-16 Malvern Ave, Somerville · MA 02144

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Davis Red 0.34 mi

Price Insight

Days on Market:
1007 days
Listing Price:
$1,599,000
Price per Sq.Ft:
$557
Tax Assessment:
$1,216,000 in 2024
Taxes:
$1,048 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,870 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2870
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
3,300 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Shingles, Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Katherine Malin
Listing office
Compass
MLS PIN #
73198006
Disclosure
Unit 1 collects $3750/month through 8/31/24, Unit 2 collects $5000/month through 7/12/2024 after which Unit 2 tenants intend to vacate. Taxes do not reflect residential exemption.