Sold

55 Forest Ave Unit 0, Everett, MA

Everett · MA 02149

$722,000
Price
5
Beds
5
Baths
2551
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 5 Units
Lot size: 4,622 Sq.Ft Lot
Price per square foot: $286 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

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!

Neighborhood & Transit

55 Forest Ave, Everett · MA 02149

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
2596 days
Listing Price:
$729,900
Price per Sq.Ft:
$286
Tax Assessment:
$518,400 in 2019
Taxes:
$535 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
5
Half Bathrooms
0
Living Area
2,551 Sq.Ft
Broker Disclosure about Living Area
0
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
4,622 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Mingfei Zheng
Listing office
Realty Premiere
MLS PIN #
72511861