Seller's Agent in 2024
Angela Hirtle
Lyv Realty
(617) 771-1639
1 in this area
135 Total Sales
249 Main St Everett, MA 02149
West Everett NeighborhoodEstimated Value: $1,124,000 - $1,245,000
6
Beds
3
Baths
3,612
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Coin Laundry
- Property is near public transit
- Tandem Parking
- 1-minute walk to Baldwin Ave Playground
About This Home
As of January 2024NEW INTERIOR PHOTOS ADDED! Welcome to a prime investment opportunity in Everett! This 3 unit multifamily boasts a convenient, commuter-friendly location, along a well-connected bus line, making it an ideal choice for both residents & investors. Each unit is occupied with long term "tenants at will", ensuring a steady and reliable income stream for the discerning investor. The property's current occupancy status makes it a turnkey investment, allowing you to step into a ready-made income-generating asset with minimal effort. Beyond its financial appeal, this multifamily property holds the potential of long-term value appreciation, given Everett's dynamic real estate market. The area's ongoing development and urban revitalization initiatives further enhance the property's potential for growth. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a hassle-free entry into real estate, this property is worth considering!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,648
Year Built
- Built in 1907
Lot Details
- 3,999
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,612 Sq Ft Home
- Insulated Windows
- Unfinished Basement
Kitchen
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- 100 Amp Service
- Natural Gas Connected
Additional Features
- Bulkhead
- 3,999 Sq Ft Lot
Listing and Financial Details
- Total Actual Rent $5,350
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:D0 B:02 L:000170,480254
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Coin Laundry
Building Details
- Insurance Expense $3,300
- Water Sewer Expense $4,200
- Operating Expense $7,500
- Net Operating Income $55,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2023
Closed on
Dec 18, 2023
Sold by
Sylvester Mark J
Bought by
Sylvester Mark J and Sylvester Lynne D
Seller's Agent
Angela Hirtle
Lyv Realty
Buyer's Agent
Matthew Urciuoli
Red Bow Realty
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Views
95
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,864
Avg. Annual Appreciation
4.68%
Original Mortgage
$735,000
Outstanding Balance
$724,830
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$331,477
Purchase Details
Closed on
Aug 18, 2022
Sold by
Sylvester Lynne D
Bought by
Sylvester Mark J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jun 10, 2022
Sold by
Sylvester Lynne D
Bought by
Sylvester Lynne D and Sylvester Mark J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sylvester Mark J | -- | None Available | |
| Sylvester Mark J | -- | None Available | |
| Sylvester Mark J | -- | None Available | |
| Sylvester Mark J | -- | None Available | |
| Sylvester Lynne D | -- | None Available | |
| Sylvester Lynne D | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cesa Thales A | $735,000 | |
| Closed | Cesa Thales A | $735,000 | |
| Previous Owner | Sylvester Mark J | $350,000 | |
| Previous Owner | Sylvester Mark J | $350,000 | |
| Previous Owner | Sylvester Mark W | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/25/2024 01/25/24 | Sold | $980,000 | +3.2% | $271 / Sq Ft |
| 12/08/2023 12/08/23 | Pending | -- | -- | -- |
| 12/06/2023 12/06/23 | Price Changed | $950,000 | -4.5% | $263 / Sq Ft |
| 11/10/2023 11/10/23 | For Sale | $995,000 | -- | $275 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $10,469 | $919,100 | $211,200 | $707,900 |
| 2024 | $9,804 | $855,500 | $196,800 | $658,700 |
| 2023 | $9,648 | $819,000 | $187,200 | $631,800 |
| 2022 | $7,983 | $770,600 | $187,200 | $583,400 |
| 2021 | $7,353 | $745,000 | $180,500 | $564,500 |
| 2020 | $7,497 | $704,600 | $180,500 | $524,100 |
| 2019 | $7,908 | $638,800 | $171,800 | $467,000 |
| 2018 | $7,459 | $541,300 | $149,800 | $391,500 |
| 2017 | $7,063 | $489,100 | $124,800 | $364,300 |
| 2016 | $6,255 | $432,900 | $115,200 | $317,700 |
| 2015 | $5,949 | $407,200 | $108,200 | $299,000 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Hirtle
-
Matthew Urciuoli
Buyer's Agent in 2024
Matthew Urciuoli
Red Bow Realty
(617) 945-1497
1 in this area
27 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73179511
APN: EVER-000000-D000002-000170
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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