62 Madison Ave Everett, MA 02149
Glendale NeighborhoodEstimated payment $6,289/month
About This Home
Exceptional opportunity to acquire a substantial 3-family residence at 62 Madison Ave. This 2,626 sq. ft. property features a robust layout with three distinct units, offering an ideal addition to any investment portfolio or a perfect house-hacking setup for an owner-occupant. Off-street parking, updated heating systems and roof. Situated on a 3,485 sq. ft. lot, this property boasts a 1900s frame with classic architectural bones and the durability of vinyl siding. Full basement with separate laundry hook ups for each unit and storage space and mechanicals, there is significant "value-add" potential here. Units all occupied (TAW) with long term tenants. Located in a high-demand rental pocket, you are minutes away from public transit, local shopping, and Everett’s burgeoning downtown scene. Bring your vision to maximize the rental yield on this well-located multi-family asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,904
Year Built
- Built in 1900
Lot Details
- 3,598 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,626 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Driveway
- Paved Parking
- 3 Open Parking Spaces
- Off-Street Parking
Schools
- Webster Elementary School
- George Keverian Middle School
- Everett High School
Community Details
- 3 Units
- Net Operating Income $69,600
Listing and Financial Details
- Assessor Parcel Number M:N0 B:02 L:000119,485382
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,904 | $869,500 | $238,400 | $631,100 |
| 2024 | $9,182 | $801,200 | $217,100 | $584,100 |
| 2023 | $9,056 | $768,800 | $207,700 | $561,100 |
| 2022 | $7,290 | $703,700 | $184,100 | $519,600 |
| 2021 | $6,721 | $681,000 | $177,500 | $503,500 |
| 2020 | $6,878 | $646,400 | $177,500 | $468,900 |
| 2019 | $7,235 | $584,400 | $169,000 | $415,400 |
| 2018 | $6,864 | $498,100 | $147,300 | $350,800 |
| 2017 | $6,684 | $462,900 | $132,200 | $330,700 |
| 2016 | $5,992 | $414,700 | $118,000 | $296,700 |
| 2015 | $5,563 | $380,800 | $106,400 | $274,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/07/2026 02/07/26 | For Sale | $1,050,000 | -- | $400 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Foreclosure Deed | $255,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $279,200 | New Conventional | |
| Previous Owner | $82,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73475239
APN: EVER-000000-N000002-000119
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