Somerville, MA 02143,2 Ivaloo Street
Somerville, MA 02143,2 Ivaloo Street
Somerville, MA 02143,2 Ivaloo Street
5
$2,900,000
$2,900,000
Est.Price: ?

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12 BD
6 BA
6,474 SqFt

2 Ivaloo Street Somerville, MA 02143

Est. payment /mo
SOLD DATE : 09/07/2022

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $2,900,000

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,474 sqft

Price per Sqft $447

MLS Listing ID 73000511

Bedrooms 12

Full Baths 6

Year Built 1900

Annual Tax Amount $27,810

Tax Year 2022

Lot Size 4,356 Sqft

Property Sub-Type 5-9 Family

Property Description

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 !!!

Location

State MA

County Middlesex

Zoning RB

Interior

Heating Unit 1(Hot Water Baseboard, Oil, Individual, Unit Control), Unit 2(Hot Water Baseboard, Oil, Individual, Unit Control), Unit 3(Hot Water Baseboard, Oil, Individual, Unit Control), Unit 4(Hot Water Baseboard, Oil, Individual, Unit Control)

Cooling Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)

Flooring Wood, Tile, Vinyl, Varies Per Unit, Laminate, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors, Stone/Ceramic Tile Floor), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)

Laundry Laundry Room

Exterior

Community Features Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, Public School, T-Station, Sidewalks

Utilities Available for Gas Range, for Gas Oven

Roof Type Shingle, Rubber

Building

Lot Description Corner Lot, Gentle Sloping, Level

Story 9

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Schools

Middle Schools Somerville Midd

High Schools Somerville High

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Listed by Brad Hutchinson Real Estate
Bought with John Bulman • Brad Hutchinson Real Estate
Eric Coury

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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