M
Seller's Agent in 2019
Mingfei Zheng
Realty Premiere
(617) 304-8661
34 Total Sales
55 Forest Ave Everett, MA 02149
West Everett Neighborhood
5
Beds
5
Baths
2,551
Sq Ft
4,792
Sq Ft Lot
About This Home
As of June 2019This property is a tremendous opportunity for an investor. There are five units: each unit includes one bedroom, living room,kitchen and full bathroom. There are 5 separate electric meters and one common area electric meter. Four units are vacant. Unit # 5 is rented. Current rent for the third floor unit (unit # 5) is well below market rate and its tenant has consistently paid rent. The property has a private driveway for five cars and is in a perfect location with easy access to the Encore Casino, highway, local park, hospital, and schools. With the ongoing development of the Encore Casino and resort project, the demand for housing in Everett is plentiful. A majority of the units are freshly painted and newly carpeted. Potential for condo conversion. Can't miss an excellent investment opportunity!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 4,792
Flooring
- Wall to Wall Carpet
- Tile
Utilities
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:E0 B:01 L:000099
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2025 02/10/25 | Off Market | $2,600 | -- | -- |
| 01/19/2025 01/19/25 | For Rent | -- | -- | -- |
| 10/08/2024 10/08/24 | Off Market | $2,600 | -- | -- |
| 09/01/2024 09/01/24 | For Rent | $2,600 | 0.0% | -- |
| 06/28/2019 06/28/19 | Sold | $722,000 | -1.1% | $283 / Sq Ft |
| 06/07/2019 06/07/19 | Pending | -- | -- | -- |
| 06/04/2019 06/04/19 | For Sale | $729,900 | -- | $286 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
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Mingfei Zheng
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72511861
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