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 12 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