Overview Property Details Payment Calculator Walkability

Pending

71 Summer St, Everett MA 02149

$865,000

Estimated $2,218.17/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $432,500

Total Rent: 42000/year

Estimated CAP Rate: 3.72%

5 Bedrooms

3 Full Baths

2,551 SqFt

Total Parking: 8 (2 Garage)

5,105 SqFt

Fantastic opportunity to own a well-maintained multi-family home in the heart of Everett! 71 Summer Street offers two spacious units and generously sized living areas. Perfect for owner-occupants or investors looking to generate rental income. The property features a newer r...

This home has been viewed 16 times

Last Checked: May 9th, 2025 at 5:43am (Source: MLS PIN #73363521)

Gross Income: $42,000

Gross Expenses: $9,787

Net Income Calc: $32,213

CAP Rate: 3.72%

Annual Expenses for 71 Summer St, Everett MA 02149

Total Gross Expenses (Calculated)$9,787/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,787

Annual Income & Unit Breakdown for 71 Summer St, Everett MA 02149

Total Gross Income (Calculated)$42,000

Unit 1

Rental Income$1,600

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$1,900

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit0

HeatingNo

Rent Includes

General Information for 71 Summer St, Everett MA 02149

Listing ID73363521

Property TypeMulti Family / 2 Family

Price$865,000 ($339.08/SqFt)

Style2 Family - 2 Units Up/down

CityEverett

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,551 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking8 (2 Garage)

Garage Parking2 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningDD

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 71 Summer St, Everett MA 02149

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosuremeasured by photography company

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$42,000

Total Net Income By Broker$42,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 71 Summer St, Everett MA 02149

Real Estate Taxes$9,787

Tax Year2025

Assessed Value$859,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$42,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$42,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.72%

Location Information for 71 Summer St, Everett MA 02149

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Public Transportation

Contact Information for 71 Summer St, Everett MA 02149

Agent

Name: Gundersheim Group Real Estate

MLS ID: TM330325

Office ID: AN2589

Office

Name: Commonwealth Standard Realty Advisors

MLS Office ID: AN2589

Phone: 617-286-6855

Team Members

Name: Melanie Gundersheim

MLS ID: CN228802

Office ID: AN2589

National Association ID: 449593107

Phone: 617-997-8272

City: Newton

State: MA

Payment Calculator

$6,145.43 per month

30 Years Fixed, 6.75% Interest

Property Taxes $815.58

Principal & Interest $5,329.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Commonwealth Standard Realty Advisors

Gundersheim Group Real Estate

Agent Phone

Office Phone

(617) 286-6855

Text Agent Call Agent Call Office

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    [description] => Fantastic opportunity to own a well-maintained multi-family home in the heart of Everett! 71 Summer Street offers two spacious units and generously sized living areas. Perfect for owner-occupants or investors looking to generate rental income. The property features a newer roof (4 years), updated heating system (approx. 5 years), and a rare 2-car garage with additional driveway parking. Enjoy a private, fenced-in backyard, separate utilities, and a prime location near public transportation, shopping, dining, and schools. Whether you're expanding your portfolio or looking for a smart live-in investment, this one checks all the boxes. Don’t miss out! Offers, if any, due Monday 4/28 by 5 PM. Please make good for 24 hours.
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EXIT