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Active

398 Ferry St, Everett MA 02149

$779,000

Estimated $2,046/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $259,666.67

Total Rent: 69300/year

Estimated CAP Rate:

6 Bedrooms

Baths

2114

Total Parking: 0

3,489 (0.08)

Excellent opportunity to own a three unit multifamily property in Everett. 398 Ferry St features a current rent roll of approx. $5,800 per month and offers over 2,100 sq. ft. of living space. All three units are rented on a TAW basis, offering flexibility and the potential to increase rental income. Each unit features a 2 bed / 1 bath layout. Additional features include a common yard, one furnace installed new last year, the other two approximately 5 years old, water heaters updated within the past five years, and recently updated rear porches and exterior egress stairs. Conveniently located near Encore Boston Harbor, the property offers easy access to the city, major highways, public transportation, shopping, dining, and entertainment. Everett continues to experience investment and redevelopment, including plans for the proposed New England Revolution soccer stadium, adding to the area’s potential for future growth. This is a compelling opportunity for investors seeking to expand their portfolio in the Greater Boston market, as well as owner occupants seeking to live in one unit while generating rental income from the other two.

This home has been viewed 2 times

Last Checked: October 14th, 2026 at 9:33pm (Source: MLS PIN #73590601)

Gross Income: $69,300

Gross Expenses: $9,398

Net Income Calc: $59,902

Annual Expenses for 398 Ferry St, Everett MA 02149

Total Gross Expenses (Calculated)$9,398/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9398

Annual Income & Unit Breakdown for 398 Ferry St, Everett MA 02149

Total Gross Income (Calculated)$69,300

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 398 Ferry St, Everett MA 02149

Listing ID73590601

Property TypeMulti Family / 3 Family

Price779000 ($368.5/SqFt)

Style3 Family - 3 Units Up/down

CityEverett

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2114

Approximate Lot Size (Acres)0.08

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningBD

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 398 Ferry St, Everett MA 02149

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsKitchen Table

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 398 Ferry St, Everett MA 02149

Real Estate Taxes9398

Tax Year2026

Assessed Value$744,700

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 398 Ferry St, Everett MA 02149

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 398 Ferry St, Everett MA 02149

Agent

Name: Chloe Tassone

Office

Name: CityRoots Realty LLC

Phone: 315-944-7440

Team Members

Name: Elvis Collado

Payment Calculator

, Interest

Property Taxes 783.17

Principal & Interest 4799.95

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

CityRoots Realty LLC

Chloe Tassone

Agent Phone

Office Phone

(315) 944-7440

Text Agent Call Agent Call Office

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    [unparsed] => 398 Ferry St, Everett MA 02149
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EXIT

31 More Photos

Active

398 Ferry St, Everett MA 02149

$779,000

Annual Expenses for 398 Ferry St, Everett MA 02149

Annual Income & Unit Breakdown for 398 Ferry St, Everett MA 02149

General Information for 398 Ferry St, Everett MA 02149

Disclosures for 398 Ferry St, Everett MA 02149

Financial Information for 398 Ferry St, Everett MA 02149

Location Information for 398 Ferry St, Everett MA 02149

Contact Information for 398 Ferry St, Everett MA 02149

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

CityRoots Realty LLC

Chloe Tassone