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 !!!
Sold for $2,900,000 on 09/07/22
$2,900,000
2 Ivaloo St, Somerville, MA 02143
12beds
6,474sqft
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$448/sqft
$3,689 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 09, 2022 at 08:47am
Listed by:
John Bulman,
Brad Hutchinson Real Estate
Bought with:
John Bulman
Brad Hutchinson Real Estate
Source: MLS PIN,MLS#: 73000511
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Oil, Individual
Features
- Flooring: Wood, Tile, Vinyl, Laminate, Hardwood
- Doors: Insulated Doors
- Windows: Insulated Windows, Screens
- Basement: Full,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 6,474
- Total interior livable area: 6,474 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, Tandem, Driveway, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Frontage length: 94.00
Lot
- Size: 4,356 sqft
- Features: Corner Lot, Gentle Sloping, Level
Details
- Parcel number: M:45 B:D L:5,754203
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle,Rubber
Condition
- Year built: 1900
Utilities & green energy
- Electric: 220 Volts, Circuit Breakers, Common, Individually Metered, Varies per Unit
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven
Green energy
- Energy efficient items: Thermostat, Varies per Unit
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, Public School, T-Station, Sidewalks
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 2
Other
Other facts
- Road surface type: Paved