197 Vine St Everett — Photo 1 of 18
$1,500,000
Investment Analysis — 197 Vine St
Everett, MA 02149
Based on rent reported on the MLS listing, a 3-unit multi-family in 02149 carries $9,550/mo in gross rent — about a 4.85% cap rate and $72,748/yr in estimated NOI at the $1,500,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
5
SqFt
3,555
Style
3 Family
Built
1913
A standout three-family offering exceptional quality, thoughtful design, and strong investment appeal. Extensively renovated in 2022, 197 Vine St features three condo-quality residences with modern finishes, open floor plans, and a level of craftsmanship rarely found in a traditional multifamily property. Major systems and utilities were updated as part of the renovation, and the building is fully sprinklered throughout. Each unit offers central air conditioning, in-unit laundry, outdoor space, and well-appointed kitchens and baths. The property also includes three off-street parking spaces, and common yard. The quality and functionality of the renovations have helped create highly desirable rental units capable of attracting strong tenants and premium rents. Conveniently located minutes from Routes 1 and 16 and approximately two miles from Encore Boston Harbor, 197 Vine St presents an opportunity to acquire a substantially updated, income-producing property.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Laundromat
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Listing Agent: The Pezzano Group
Listing Office: Rise Signature Homes
MLS® Number: 73574027
