NOT LISTED FOR SALE

56 Wilbur St Everett, MA 02149

Glendale Neighborhood
6 Beds
4 Baths
3,700 Sq Ft
3,903 Sq Ft Lot

Last Sold August 09, 2022

Last sale price $1,150,000 $311 Per Sq Ft

14 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Coin Laundry
  • Corner Lot
  • Shops

About This Home

As of August 2022

The coveted FOUR family in thriving Everett! This well maintained fourplex offers 2-1 bedroom units and 2-2 bedroom units on a quiet corner lot. This property is available for the first time in 60+ years as seller has owned it for generations. The fully rented property has a great layout with the two - one bedroom units on the first floor with living room, dining room, and spacious kitchen. The second floor has a larger payout equipped with two - two bedroom units. Three units have been updated in the last 5 years with new paint, kitchen cabinets/counters, as well as appliances, and even laundry hook up in the basement. The property is well matched for a savvy investor or owner occupied buyer looking to supplement your mortgage with rental units. All systems are annually maintained with separate utilities for each unit (oil heat/hw and electric), the roof is 2018, siding is 2015, updated electrical, and designated storage lockers in basement. Showings start at OH.

Last Agent to Sell the Property

Lien Vuong

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 06/20/2022

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Romeo Zeqo

Best Boston Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,948

Year Built

  • Built in 1925

Lot Details

  • 3,903 Sq Ft Lot
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 3,700 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $7,300
  • Assessor Parcel Number 485970

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Insurance Expense $3,400
  • Water Sewer Expense $1,800
  • Operating Expense $5,200
  • Net Operating Income $87,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,948

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1925
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Living Area: 3700
  • Stories Total: 6
  • MAIN LO: AN6527
  • MAIN SO: AN4743

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat

Fee Information

  • Water Sewer Expenses: 1800

Lot Info

  • Parcel Number: 485970
  • Zoning: DD
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3903
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9948

Multi Family

  • Insurance Expense: 3400
  • Net Operating Income: 87600
  • Number Of Units Total: 4
  • Operating Expense: 5200
  • Total Actual Rent: 7300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
08/09/2022 08/09/22 Sold $1,150,000 +4.6% $311 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $1,099,000 -- $297 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lien Vuong

    Seller's Agent in 2022

    Lien Vuong

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (781) 244-2669

    3 in this area

    185 Total Sales

    Lien Vuong
    Section Image
  • Romeo Zeqo

    Buyer's Agent in 2022

    Romeo Zeqo

    Best Boston Realty, LLC

    (339) 927-5729

    1 in this area

    36 Total Sales

    Romeo Zeqo
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73000664

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Everett 02149 Glendale

56 Wilbur St, Everett, MA

Not Listed for Sale

MultiFamily

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