$722,000
$729,900
1.1%For more information regarding the value of a property, please contact us for a free consultation.
55 Forest Ave Everett, MA 02149
5 Beds
5 Baths
2,551 SqFt
Key Details
Sold Price $722,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,551 sqft
Price per Sqft $283
MLS Listing ID 72511861
Sold Date 06/28/19
Bedrooms 5
Full Baths 5
Year Built 1920
Annual Tax Amount $6,418
Tax Year 2019
Lot Size 4,791 Sqft
Acres 0.11
Property Description
This 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!
Location
State MA
County Middlesex
Zoning DD
Direction Main St. to Forest Ave.
Rooms
Basement Full
Interior
Cooling None
Flooring Tile, Carpet
Appliance Gas Water Heater
Exterior
Total Parking Spaces 5
Garage No
Building
Lot Description Other
Story 9
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Mingfei Zheng • Realty Premiere