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Active Under Contract

197 Vine St, Everett MA 02149

$1,500,000

Estimated $3,628/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $500,000

Total Rent: 114600/year

Estimated CAP Rate:

7 Bedrooms

Baths

3555

Total Parking: 3

3,650 (0.08)

A standout three-family offering exceptional quality, thoughtful design, and strong investment appeal. Extensively renovated in 2022, 197 Vine St features three condo-quality residences with modern finishes, open floor plans, and a level of craftsmanship rarely found in a traditional multifamily property. Major systems and utilities were updated as part of the renovation, and the building is fully sprinklered throughout. Each unit offers central air conditioning, in-unit laundry, outdoor space, and well-appointed kitchens and baths. The property also includes three off-street parking spaces, and common yard. The quality and functionality of the renovations have helped create highly desirable rental units capable of attracting strong tenants and premium rents. Conveniently located minutes from Routes 1 and 16 and approximately two miles from Encore Boston Harbor, 197 Vine St presents an opportunity to acquire a substantially updated, income-producing property.

This home has been viewed 6 times

Last Checked: September 17th, 2026 at 10:23am (Source: MLS PIN #73574027)

Gross Income: $114,600

Gross Expenses: $14,348

Net Income Calc: $100,252

Water Views

Annual Expenses for 197 Vine St, Everett MA 02149

Total Gross Expenses (Calculated)$14,348/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax14348

Annual Income & Unit Breakdown for 197 Vine St, Everett MA 02149

Total Gross Income (Calculated)$114,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 197 Vine St, Everett MA 02149

Listing ID73574027

Property TypeMulti Family / 3 Family

Price1500000 ($421.94/SqFt)

Style3 Family

CityEverett

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3555

Approximate Lot Size (Acres)0.08

Total Parking3

Garage Parking0

Year Built1913

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningDD

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 197 Vine St, Everett MA 02149

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 197 Vine St, Everett MA 02149

Real Estate Taxes14348

Tax Year2026

Assessed Value$1,136,900

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 197 Vine St, Everett MA 02149

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 197 Vine St, Everett MA 02149

Agent

Name: The Pezzano Group

Office

Name: Rise Signature Homes

Phone: 617-383-5659

Payment Calculator

, Interest

Property Taxes 1195.67

Principal & Interest 9242.52

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Rise Signature Homes

The Pezzano Group

Agent Phone

Office Phone

(617) 383-5659

Text Agent Call Agent Call Office

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EXIT

15 More Photos

Active Under Contract

197 Vine St, Everett MA 02149

$1,500,000

Annual Expenses for 197 Vine St, Everett MA 02149

Annual Income & Unit Breakdown for 197 Vine St, Everett MA 02149

General Information for 197 Vine St, Everett MA 02149

Disclosures for 197 Vine St, Everett MA 02149

Financial Information for 197 Vine St, Everett MA 02149

Location Information for 197 Vine St, Everett MA 02149

Contact Information for 197 Vine St, Everett MA 02149

Agent

Office

Payment Calculator

Exclusive Listing Agent

Rise Signature Homes

The Pezzano Group