Motivated seller!!! Excellent opportunity for investors to take advantage of the hot Everett rental market! Huge renovated 2 family property with finished attic. Featuring new windows, new heating systems, plumbing, new roof. Separate utilities. This home is also perfect for an owner occupant with a large family. Conveniently located walking distance to Everett High School, Ferry Street and bus route #110. Bonus room on 2nd floor that can be used as an office. Finished third floor with a master suite and private back entry way. This one-of-a-kind property has 6 spacious driveway parking spaces!!!!!.Come check out this beautiful home!
This home has been viewed 32 times
Last Checked: May 7th, 2024 at 4:01am (Source: MLS PIN #73070675)
Gross Income: $70,800
Gross Expenses: $7,619
Net Income Calc: $63,181
CAP Rate: 6.87%
Annual Expenses for 25 Franklin St, Everett MA 02149
Total Gross Expenses (Calculated)$7,619/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,619
Annual Income & Unit Breakdown for 25 Franklin St, Everett MA 02149
Total Gross Income (Calculated)$70,800
Unit 1
Rental Income$2,400
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none)
Unit 2
Rental Income$3,500
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(none), Unit 2(none)
General Information for 25 Franklin St, Everett MA 02149
Listing ID73070675
Property TypeMulti Family
Price$919,900 ($273.78/SqFt)
StyleMulti Family
CityEverett
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,360 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking8
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningDD
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 25 Franklin St, Everett MA 02149
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureIncludes finished third floor. Buyer and buyer's a
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$70,800
Total Net Income By Broker$70,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation1%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 25 Franklin St, Everett MA 02149
Real Estate Taxes$7,619
Tax Year2022
Assessed Value$735,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$70,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$70,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.87%
Location Information for 25 Franklin St, Everett MA 02149
Elementary SchoolWebster
Middle SchoolParlin
High SchoolEverett
Neighborhood(s)
MLS Area
Area AmenitiesPublic School, Park, Laundromat, Public Transportation, Other
Contact Information for 25 Franklin St, Everett MA 02149