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2 Ivaloo Street, Somerville

$2,900,000

12 Beds
6 Baths
6,474 Sqft
.1 Acres
0 Garages

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 !!!

Essential Information
MLS® #73000511
Price$2,900,000
Bedrooms12
Bathrooms6.00
Full Baths6
Square Footage6,474
Acres0.10
Year Built1900
TypeMulti-Family
Sub-Type5-9 Family
StatusActive
Community Information
Address2 Ivaloo Street
CitySomerville
CountyMiddlesex
StateMA
Zip Code02143-3608
Amenities
Parking Spaces2

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Agent: John Bulman Office: Brad Hutchinson Real Estate

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