Sold for $1,700,000

$1,700,000

14-16 Malvern Ave, Somerville, MA 02144

7beds

2,870sqft

2 Family - 2 Units Up/Down

Built in 1900

-- sqft lot

$-- Zestimate^®

$592/sqft

$3,609 Estimated rent

Home value

Not available

Estimated sales range

Not available

$3,609/mo

Zestimate^® history

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What's special

New windowsExterior paintingNewer ss appliancesUpdated appliancesSmart thermostatsJust minutes to restaurantsBike path

Beautiful & renovated 2 family in great location just off the Bike Path between Teele and Davis Sq. 14 Malvern has been in the same family over 60 years; used in the past as an owner occupied home and now as an investment property. Some updates include: exterior painting 2022, new roof 2021, heat pumps in both units 2021, new windows in the units 2016-2021, newer SS appliances, interior paint, smart thermostats, & more. Unit 1 is 3 beds 1.5 baths leased through 8/31/24 at 3750/month. Unit 2 is 4 -5 beds, 2 full baths, ~1700 sq ft over 2 levels and leased through 7/12/2024 at 5000/month. Both units have eat in kitchens, dishwashers, updated appliances and dedicated laundry. Located just minutes to restaurants, shops, night life, Bike Path, & public transportation, 14 Malvern makes for a great owner occupied OR investment property. Currently parking for 2, can likely increase to 3-4 cars with removal of wheelchair ramp. Please try to attend open houses Sat 2/3 & Sun 2/4 10:00-12:00.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Range, Dishwasher, Refrigerator, Washer, Dryer

Features

Kitchen, Living RM/Dining RM Combo, Living Room, Family Room
Flooring: Wood, Hardwood
Windows: Insulated Windows
Basement: Full,Interior Entry,Unfinished
Has fireplace: No

Interior area

Total structure area: 2,870
Total interior livable area: 2,870 sqft

Property

Parking

Total spaces: 2
Parking features: Paved Drive, Off Street, Tandem
Uncovered spaces: 2

Lot

Size: 3,300 Square Feet

Details

Zoning: RB

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 Family - 2 Units Up/Down

Materials

Frame
Foundation: Stone, Other
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Green energy

Energy efficient items: Thermostat

Community & HOA

Community

Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, T-Station, University

Location

Region: Somerville

Financial & listing details

Price per square foot: $592/sqft
Tax assessed value: $1,216,000
Annual tax amount: $12,573
Date on market: 1/24/2026
Exclusions: Tenant Belongings.
Total actual rent: 8750

Price history

Date	Event	Price
3/13/2024	Sold	$1,700,000+6.3%$592/sqft
Source: MLS PIN #73198006 Report a problem
1/31/2024	Listed for sale	$1,599,000$557/sqft
Source: MLS PIN #73198006 Report a problem