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62 Madison Ave, Everett MA 02149

$1,050,000

Estimated $2,527.90/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $350,000

Total Rent: 69600/year

Estimated CAP Rate: 5.69%

6 Bedrooms

3 Full Baths

2,626 SqFt

Total Parking: 3

3,598 SqFt

Exceptional opportunity to acquire a substantial 3-family residence at 62 Madison Ave. This 2,626 sq. ft. property features a robust layout with three distinct units, offering an ideal addition to any investment portfolio or a perfect house-hacking setup for an owner-occupant. Off-street parking, updated heating systems and roof. Situated on a 3,485 sq. ft. lot, this property boasts a 1900s frame with classic architectural bones and the durability of vinyl siding. Full basement with separate laundry hook ups for each unit and storage space and mechanicals, there is significant "value-add" potential here. Units all occupied (TAW) with long term tenants. Located in a high-demand rental pocket, you are minutes away from public transit, local shopping, and Everett’s burgeoning downtown scene. Bring your vision to maximize the rental yield on this well-located multi-family asset.

This home has been viewed 12 times

Last Checked: February 8th, 2026 at 5:38pm (Source: MLS PIN #73475239)

Gross Income: $69,600

Gross Expenses: $9,904

Net Income Calc: $59,696

CAP Rate: 5.69%

Annual Expenses for 62 Madison Ave, Everett MA 02149

Total Gross Expenses (Calculated)$9,904/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,904

Annual Income & Unit Breakdown for 62 Madison Ave, Everett MA 02149

Total Gross Income (Calculated)$69,600

Unit 1

Rental Income$1,900

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,900

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 62 Madison Ave, Everett MA 02149

Listing ID73475239

Property TypeMulti Family / 3 Family

Price$1,050,000 ($399.85/SqFt)

Style3 Family

CityEverett

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,626 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningDD

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 62 Madison Ave, Everett MA 02149

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$69,600

Total Net Income By Broker$69,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 62 Madison Ave, Everett MA 02149

Real Estate Taxes$9,904

Tax Year2025

Assessed Value$869,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$69,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$69,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.69%

Location Information for 62 Madison Ave, Everett MA 02149

Elementary SchoolWebster

Middle SchoolGeorge Keverian

High SchoolEverett High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 62 Madison Ave, Everett MA 02149

Agent

Name: Erica Hadley

Office

Name: Century 21 North East

Phone: 603-893-8230

Payment Calculator

, Interest

Property Taxes 825.33

Principal & Interest 6469.77

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Erica Hadley

Agent Phone

Office Phone

(603) 893-8230

Text Agent Call Agent Call Office

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EXIT

Active

62 Madison Ave, Everett MA 02149

$1,050,000

Annual Expenses for 62 Madison Ave, Everett MA 02149

Annual Income & Unit Breakdown for 62 Madison Ave, Everett MA 02149

General Information for 62 Madison Ave, Everett MA 02149

Disclosures for 62 Madison Ave, Everett MA 02149

Financial Information for 62 Madison Ave, Everett MA 02149

Location Information for 62 Madison Ave, Everett MA 02149

Contact Information for 62 Madison Ave, Everett MA 02149

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Century 21 North East

Erica Hadley