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2 Ivaloo Street, Somerville, MA

Somerville · MA 02143

$2,900,000
Price
12
Beds
6
Baths
6474
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 6 Units
Lot size: 4,459 Sq.Ft Lot
Price per square foot: $448 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

2-6A Ivaloo Street is a three story six unit building with 12 total bedrooms and approximately 6,454 +/- sq/ft of living area. This property has been in the same family for decades and has been very well maintained. All separate utilities including 5 Buderus heating systems. All the units have Lead Compliance Certificates. There is a tandem driveway for two cars on the right side of the property. This property offers investors the opportunity to acquire a well located value add, multi family asset in one of the strongest residential submarkets in New England. All leases end August 31, 2022. Four will be vacating which will offer lots of flexibility for the investor. Located lose to Somerville Ave., there are numerous options for public transportation, shopping, dining, entertainment and outdoor recreation areas. Just 2.5 miles to Assembly Row and all its shops and eclectic restaurants.. Buildings like this do not come by often....Don't miss out !!!

Neighborhood & Transit

2 Ivaloo Street, Somerville · MA 02143

Nearby transit

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

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1467 days
Listing Price:
$2,900,000
Price per Sq.Ft:
$448
Tax Assessment:
$2,731,800 in 2022
Taxes:
$2,318 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
6
Half Bathrooms
0
Living Area
6,474 Sq.Ft
Broker Disclosure about Living Area
From Public Record
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
220 Volts, Circuit Breakers, Other (See Remarks), Individually Metered, Varies per Unit

Exterior Features

Lot Size
4,459 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
Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
John Bulman
Listing office
Brad Hutchinson Real Estate
MLS PIN #
73000511
Disclosure
None
Disclosure
From Public Record