22-26 Elm Rd Everett — Photo 1 of 1
Recent Drop: $226,000
$924,000
Investment Analysis — 22-26 Elm Rd
Everett, MA 02149
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 7-unit multi-family in 02149 carries an estimated $16,240/mo in gross rent — about a 14.83% cap rate and $137,021/yr in estimated NOI at the $924,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
4,000
Style
5-9 Family
Built
2026
7 Unit Development Opportunity - Prime Everett Location (Boston Side). Rare opportunity to acquire a 7 unit development project in a highly desirable location on the Boston side of Everett. The proposed project consists of seven (7) one-bedroom units in a strong rental and resale market. Positioned steps from the Riverwalk and within walking distance to Encore Boston Harbor, this property offers excellent accessibility to Boston, major highways, public transportation and area amenities. Ideal for buy and hold investors seeking stable rental income, developers pursuing a condo sell-off strategy or portfolio expansion in a high demand submarket. Strong fundamentals, prime positioning, and flexible exit strategies make this a compelling investment opportunity.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$924,000
Was $949,000
Sep 9, 2026
MLS® 73533292
$949,000
Was $999,000
Aug 14, 2026
MLS® 73533292
$999,000
Was $1,049,000
Jul 31, 2026
MLS® 73533292
$1,049,000
Was $1,099,000
Jul 8, 2026
MLS® 73533292
$1,099,000
Was $1,150,000
Jun 23, 2026
MLS® 73533292
$1,150,000
Jun 10, 2026
MLS® 73533292
Listing Agent: Alexander Colarusso
Listing Office: Colarusso Realty
MLS® Number: 73533292
