NOT LISTED FOR SALE
12 Beds
5 Baths
2,750 Sq Ft
9,148 Sq Ft Lot

Last Sold September 13, 2021

Last sale price $1,000,000 $364 Per Sq Ft

13 Days on Market

Highlights

  • 0.21 Acre Lot
  • Forced Air Heating System
  • Asbestos

About This Home

As of September 2021

12 1 Bedroom Units, 5 Bathrooms Rooming/Boarding house on a large 9000SF for potential expansion or additional units located close to downtown Everett. 2 Years old 150,000 BTU FHA heating system, 200amp CB electrical service, Plenty of off street parking! Present owner has owned property since 1997 and has many long term tenants. Current rents collected are under market for the area!! Property being sold "AS IS AS SEEN! Buyers/ agents must do their own due diligence and verification. Seller may consider participating in financing. Listing Agent is related to Seller.

Last Agent to Sell the Property

Ray Autiello

BHHS Verani Realty Methuen License #069018 Listed on: 08/02/2021

BHHS Verani Realty Methuen

Last Buyer's Agent

Ray Autiello

BHHS Verani Realty Methuen License #069018 Listed on: 08/02/2021

BHHS Verani Realty Methuen

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 5 Full Bathrooms
  • 3-Story Property

Basement

  • Connecting Stairway
  • Interior Basement Entry

Parking

  • Stone Driveway
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 000194 / 06

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $30,500
  • Gross Income $94,000
  • Net Operating Income $63,000

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 363.64
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4370
  • Sq Ft - Apx Total Finished: 2750
  • Year Built: 1920
  • List Agent: 7491
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Stairs - Basement
  • Sq Ft - Apx Finished AG: 2750
  • Sq Ft - Apx Unfinished AG: 666
  • Sq Ft - Apx Unfinished BG: 954

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone, Paved
  • Exterior: Asbestos
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Oil
  • Heating: Forced Air
  • Total Ranges: 2
  • Utilities: Cable

Lot Info

  • Map: C0
  • Lot: 000194
  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Rooming/Boarding House
  • Deed Book: 21928
  • Deed Page: 455
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 94000
  • Net Income: 63000
  • Total Full Baths: 5
  • Total Units: 12
  • Total1 Bedroom Units: 12

Tax Info

  • Taxes TBD: Yes
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2021 09/13/21 Sold $1,000,000 -28.6% $364 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $1,399,900 -- $509 / Sq Ft
Source: PrimeMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,353 $1,347,900 $840,000 $507,900
2024 $4,126 $360,000 $360,000 $0
2023 $10,677 $906,400 $420,000 $486,400
2022 $5,593 $539,900 $226,200 $313,700
2021 $5,150 $521,800 $218,100 $303,700
2020 $5,001 $470,000 $205,900 $264,100
2019 $5,228 $422,300 $192,000 $230,300
2018 $5,283 $383,400 $153,100 $230,300
2017 $4,849 $335,800 $127,600 $208,200
2016 $4,839 $334,900 $126,700 $208,200
2015 $4,383 $300,000 $110,200 $189,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4875387

PrimeMLS
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