Looking for a great 3 family in Everett? Look no further! Large 3100+ SF multi family home right off Broadway within walking distance to many shops/stores/restaurants etc. and a quick car ride to the Encore Casino and soon to be new entertainment district. This three family home checks all the boxes and has great upside potential. First floor has a large eat in kitchen, ample sized living room and bedrooms, with exclusive rear access into the partially finished basement. Second floor is currently vacant, includes a large eat in kitchen, living room and alcove area. Third floor is a four room, two bedroom apartment. Utilities all separately metered. Remaining tenants are currently tenants at will. Five off street tandem parking spaces with room for more. Rear yard area. Property needs some TLC but this home is a great opportunity for the savvy buyer! No showings until first open house.
This home has been viewed 29 times
Last Checked: May 7th, 2024 at 7:31am (Source: MLS PIN #73106173)
Gross Income: $58,200
Gross Expenses: $14,393
Net Income Calc: $43,807
CAP Rate: 4.57%
Annual Expenses for 47 High St, Everett MA 02149
Total Gross Expenses (Calculated)$14,393/year
APOD AvailableYes
Heating
Electricity$1,000
Water$2,500
Gas$2,500
Insurance
Sewer$2,500
Trash Removal
Repair & Maintenance$2,500
Management
Miscellaneous
Real Estate Tax$8,393
Annual Income & Unit Breakdown for 47 High St, Everett MA 02149
Total Gross Income (Calculated)$58,200
Unit 1
Rental Income$3,000
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,850
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit0
HeatingNo
Rent Includes
General Information for 47 High St, Everett MA 02149
Listing ID73106173
Property TypeMulti Family / 3 Family
Price$959,000 ($307.77/SqFt)
Style3 Family
CityEverett
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,116 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking5
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area0
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningDD
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 47 High St, Everett MA 02149
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosureliving area does not include partially finished ba
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$3,500
Total Gross Income By Broker$58,200
Total Net Income By Broker$52,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 47 High St, Everett MA 02149
Real Estate Taxes$8,393
Tax Year2022
Assessed Value$810,100
Financial Data Source
Total Gross Expenses By Broker$3,500
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$58,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$52,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.57%
Location Information for 47 High St, Everett MA 02149
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Private School, University
Contact Information for 47 High St, Everett MA 02149