110-112 Nichols Street, Everett, MA 02149
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$1,249,000
3 Unit
8 Beds
3 Baths
3988 SQFT
0.17 Acre

Property Description

Perhaps the best 3 Family to come on the market in Everett in a long while. Welcome to 110-112 Nichols Street. Letters of Full Deleading Compliance dated 8/20/2018 in MLS Documents. Large Units, Great Rents. Separate: Entrances, Heat, Central Air, Hot Water, Laundry, Electric and Basement Storage. Gleaming Hardwood Floors in all units. Many updates: Electric (8+), Heat (10+), Central Air (8+) Laundry and Refrigerators (staying with sale) most updated in 2024. Plenty of off street parking and and a garage in back with a nice yard area. 1st Floor Unit has a mudroom entrance. 2nd and 3rd Floors have like new private Bonus porch rooms that could be used in many ways. Over $108,000 in yearly rents with an estimated Cap Rate of 6%. Do not miss out on a great opportunity for the investor or an owner occupant. Viewings @ Open houses only. Friday 4/25, 5-630, Saturday 4/26, 11-1, Sunday 4/27, 11-1

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Park, Public School, Public Transportation, T-Station
  • Basement Features: Bulkhead, Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room, Mudroom
  • Common Interior Features: Bathroom With Tub & Shower, Storage
  • Common Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Common Heating: Central Heat, Extra Flue, Gas, Heat Pump, Hot Water Radiators, Steam
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 108600
  • Gross Expenses: 31100
  • Water/Sewer: 3000
  • INSC: 4000
  • Repairs & Maintenance: 9000
  • Net Operating Income: 77500

Utilities

  • Heat Zones: 6
  • Electric Info: 200 Amps, Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 3 Family
  • Construction Type: Other (See Remarks)
  • Foundation Info: Other (See Remarks)
  • Roof Material: Other (See Remarks)
  • Flooring Type: Hardwood
  • Lead Paint: None
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73363965
  • Last Updated: 04/24/25

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Seller's Representative: Craig Celli, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-24 09:02:00

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