536 Broadway, Everett, MA 02149
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$5,980,000
15 Unit
22 Beds
21 Baths
11386 SQFT
0.18 Acre

Property Description

ATTENTION INVESTORS! Fully gut renovated in 2024, this freestanding 15-unit brick is all-electric and fully stabilized with a gross annual income of $468,564. Unit mix: 7 two-beds, 6 one-beds, 1 loft, and 1 studio, totaling 22 beds & 22 baths. Each unit features separate Heat/AC, H/W, & in-unit laundry. Modern finishes include stainless steel appliances, quartz countertops, LVT flooring, & porcelain-tiled showers with glass enclosures. Equipped with 800 amp electrical service, energy-efficient TPO roof, intercom system, security cameras, & high-speed internet to units. This classical revival-style is a rare find. Centrally located in a vibrant area, residents enjoy easy access to restaurants & shops. Free shuttles to the Market & Casino, while Boston & the airport are just minutes away. The bus stop & bike share are located next to the building. A turnkey property offering strong cash flow, high occupancy, low maintenance, & long-term value in a top Greater Boston submarket.

Property Details tap to expand

Building Information

  • Total Units: 15
  • Total Floors: 3
  • Total Bedrooms: 22
  • Total Full Baths: 19
  • Total Half Baths: 2
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails

Financial

  • APOD Available: No
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 468564
  • Gross Expenses: 102031
  • Net Operating Income: 366533

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No

Unit 2 Description

  • Under Lease: No

Construction

  • Year Built: 1910
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73431656
  • Last Updated: 10/09/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/21/2025Active$5,980,000$525MLSPIN
09/17/2025New$5,980,000$525MLSPIN

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Seller's Representative: Melody Golestani, Gibson Sotheby's International Realty
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 2025-10-09 12:19:00