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Canceled

146 Nichols St, Everett MA 02149

$4,800,000

Estimated $9,585/month Calculator

Multi Family

Total Units: 13

Price Per Unit: $369,230.77

Total Rent: 164400/year

Estimated CAP Rate:

33 Bedrooms

Baths

13834

Total Parking: 0

8,525 (0.20)

This beautiful thirteen (13) unit 3 story blonde brick building boasts an ideal unit-mix to increase rents with eight (8) two-bedrooms, three (3) three-bedrooms and two (2) four-bedrooms. Much of the capital improvements have been completed for the new ownership. The improvements consist of but not limited to ten (10) renovated apartments out of 13 units with new kitchens, bathrooms, electrical and plumbing, recently installed rubber membrane roof, one (1) 75-gallon commercial grade gas fired hot water tank, common area upgrades including flooring, paint, led-lighting, security camera system and fire safety equipment with wireless fire-panels. Offering memorandum is attached in documents, see financials on page 13.Monthly income is $35,600 not $32,767 (MLS tech issue). Offers due by March 3rd

This home has been viewed 40 times

Last Checked: May 7th, 2024 at 2:25am (Source: MLS PIN #73078832)

Gross Income: $164,400

Gross Expenses: $21,621

Net Income Calc: $142,779

Annual Expenses for 146 Nichols St, Everett MA 02149

Total Gross Expenses (Calculated)$21,621/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax21621

Annual Income & Unit Breakdown for 146 Nichols St, Everett MA 02149

Total Gross Income (Calculated)$164,400

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms4

Bathrooms4 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms4

Bathrooms4 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 146 Nichols St, Everett MA 02149

Listing ID73078832

Property TypeMulti Family / 5+ Family

Price4800000 ($346.97/SqFt)

Style5-9 Family

CityEverett

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total13834

Approximate Lot Size (Acres)0.2

Total Parking0

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningDD

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 146 Nichols St, Everett MA 02149

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1%

Facilitator Compensation1%

Compensation Based OnGross/full Sale Price

Financial Information for 146 Nichols St, Everett MA 02149

Real Estate Taxes21621

Tax Year2022

Assessed Value$2,087,000

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 146 Nichols St, Everett MA 02149

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 146 Nichols St, Everett MA 02149

Agent

Name: Dan Pouladian

Office

Name: North Shore Realty Advisors

Phone: 617-548-7737

Payment Calculator

, Interest

Property Taxes 1801.75

Principal & Interest 29576.07

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

North Shore Realty Advisors

Dan Pouladian

Agent Phone

Office Phone

(617) 548-7737

Text Agent Call Agent Call Office

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EXIT

9 More Photos

Canceled

146 Nichols St, Everett MA 02149

$4,800,000

Annual Expenses for 146 Nichols St, Everett MA 02149

Annual Income & Unit Breakdown for 146 Nichols St, Everett MA 02149

General Information for 146 Nichols St, Everett MA 02149

Disclosures for 146 Nichols St, Everett MA 02149

Financial Information for 146 Nichols St, Everett MA 02149

Location Information for 146 Nichols St, Everett MA 02149

Contact Information for 146 Nichols St, Everett MA 02149

Agent

Office

Payment Calculator

Exclusive Listing Agent

North Shore Realty Advisors

Dan Pouladian