412-414 Ferry Street, Everett, MA 02149
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$1,600,000
7 Unit
18 Beds
7 Baths
8710 SQFT
0.09 Acre

Property Description

investors!!! A great Mixed-use 6 family on the bus line! Building has 7 units total all fully rented! 3 units are 2 bedroom, 3 units are 3 bedrooms. Each unit has in-unit laundry, private entrances and high ceilings. One commercial space on lower level (address is 412 Ferry Street) has 5 rooms and 1/2 bath. Long term tenants in property with rents under market value. Sprinkler system in place. Proof of funds required prior to appointments. Group showings begin May 4th.

Property Details tap to expand

Building Information

  • Total Units: 7
  • Total Floors: 9
  • Total Bedrooms: 18
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Amenities: House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping
  • Basement Features: Full, Interior Access

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 128400
  • Gross Expenses: 54362
  • Electric Expenses: 572
  • Water/Sewer: 6805
  • INSC: 11181
  • Repairs & Maintenance: 18648
  • Miscellaneous Expense: 2579
  • Net Operating Income: 74038

Utilities

  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Utility Connections: for Electric Dryer, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1915
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73368671
  • Last Updated: 05/06/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/06/2025Contingent$1,600,000$184MLSPIN
05/06/2025Active$1,600,000$184MLSPIN
05/02/2025New$1,600,000$184MLSPIN

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Seller's Representative: Jodi Fitzgerald, Fitzgerald & Associates
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 2025-05-06 15:41:00

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