This Property is No Longer Available
721 Broadway, Everett, MA 02149
View Map
$3,975,000
13 Unit
9 Beds
13 Baths
10268 SQFT
0.11 Acre

Property Description

721 Broadway is a 3-story mixed-use property with a total square footage of 12,903 and rentable square footage of 10,268. The subject property is ideally located on the corner of Ferry Street and Broadway, the main corridor of downtown Everett. The property consists of four (4) retail units which consists of Metro PCS by T-Mobile, Valle Laundry, Bun’s House and Yasai Bowl. The residential is an attractive blend consisting of four (4) two-room studios and five (5) 1-bedroom units. All units are separately metered for utilities and the landlord is responsible for common electric and water & sewer for the residential units.

Property Details tap to expand

Building Information

  • Total Units: 13
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 9
  • Total Half Baths: 4
  • Amenities: Highway Access, Laundromat, Medical Facility, Public School, Public Transportation, Shopping
  • Basement Features: Partial

Financial

  • APOD Available: Yes
  • Gross Operating Income: 339900
  • Gross Expenses: 53996
  • Electric Expenses: 2400
  • Water/Sewer: 5900
  • INSC: 12000
  • Repairs & Maintenance: 4500
  • Management Fee: 16975
  • Miscellaneous Expense: 3250
  • Net Operating Income: 260785

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73203453
  • Last Updated: 04/01/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/01/2024Under Agreement$3,975,000$387MLSPIN
04/01/2024Under Agreement$3,975,000MLSPIN
02/23/2024Active$3,975,000$387MLSPIN
02/23/2024Active$3,975,000MLSPIN
02/19/2024New$3,975,000MLSPIN
02/19/2024New$3,975,000$387MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Dan Pouladian, North Shore Realty Advisors
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1.5
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2024-04-01 15:17:00

Related Properties