2 Ivaloo Street, Somerville, MA

$2,900,000

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12

Beds

6

Baths

6,474

Square feet

0.10

Acres

About 2 Ivaloo Street

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 !!!

Features of 2 Ivaloo Street

MLS® # 73000511
Price $2,900,000
Bedrooms 12
Bathrooms 6.00
Full Baths 6
Square Footage 6,474
Acres 0.10
Year Built 1900
Type Multi-Family
Sub-Type 5-9 Family
Status Active

Community Information

Address 2 Ivaloo Street
City Somerville
County Middlesex
State MA
Zip Code 02143-3608

Amenities

Parking Spaces 2

Additional Information

Foreclosure No

Listing Details

AgentJohn Bulman
OfficeBrad Hutchinson Real Estate

Listing Map

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