Beautifully maintained 3-family in Everett featuring a bonus 1-bed in-law apartment duplexed with Unit 1. This stabilized asset offers strong in-place rents with additional upside, and separately metered utilities with updated electrical, plumbing, and heating systems. All units have received interior updates within the last four years, providing low-maintenance ownership from day one.The property also presents a prime opportunity to pursue a legal 4th unit (buyer to perform due diligence), adding long-term value in the rapidly growing Everett market.
This home has been viewed 14 times
Last Checked: December 7th, 2025 at 7:23am (Source: MLS PIN #73460164)
Gross Income: $104,400
Gross Expenses: $13,754
Net Income Calc: $90,646
CAP Rate: 6.98%
Annual Expenses for 211 Elm, Everett MA 02149
Total Gross Expenses (Calculated)$13,754/year
APOD AvailableYes
Heating
Electricity$195
Water$1,600
Gas$1,600
Insurance$2,395
Sewer$1,600
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,564
Annual Income & Unit Breakdown for 211 Elm, Everett MA 02149
Total Gross Income (Calculated)$104,400
Unit 1
Rental Income$3,700
LeaseY
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingNo
Rent IncludesUnit 1(water)
Unit 2
Rental Income$2,500
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water)
Unit 3
Rental Income$2,500
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water)
General Information for 211 Elm, Everett MA 02149
Listing ID73460164
Property TypeMulti Family / 3 Family
Price$1,299,000 ($499.62/SqFt)
Style3 Family
CityEverett
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,600 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking4
Garage Parking
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 DescriptionOther
Accessible Features
Outdoor Space
ZoningDD
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 211 Elm, Everett MA 02149
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$4,190
Total Gross Income By Broker$104,400
Total Net Income By Broker$90,664
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 211 Elm, Everett MA 02149
Real Estate Taxes$9,564
Tax Year2025
Assessed Value$839,700
Financial Data SourceOwner
Total Gross Expenses By Broker$4,190
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$104,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$90,664
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.98%
Location Information for 211 Elm, Everett MA 02149
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPublic School, Shopping, Park, Public Transportation, T-station