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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

    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 !!!

    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
    Services availability