Berkshire Hathaway HomeServices Verani Realty
Deborah Byrne, Berkshire Hathaway HomeServices Verani RealtyPhone: (617) 201-4730
Email: [email protected]
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listing
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MultifamilySold
List Price $1,535,000
Sold Price $1,475,000
175 Hancock St
Everett, MA 02149
Courtesy of Horvath & Tremblay - John Pentore
MLS Property Information Network
7Beds
5Baths
5,237Sq Ft
Est. Mortgage
$8,023/mo

175 Hancock Street, a 7% cap rate on current income, is a three-story building containing five units consisting of one (1) 4-Bedroom/1 Bathroom unit, one (1) 2-Bedroom/1-Bathroom unit and three (3) 1-Bedroom/1-Bathroom units in 5,237 square feet of living area in 8,078 square feet of total gross area on a large, 0.21-acre corner lot. Majority of units renovated and has off-street parking for up to 7 cars. The current rents at 175 Hancock are below market allowing for an investor to drive income by bringing the rents up to market. Public transportation is readily available on Hancock Street with MBTA buses providing regular service to the Sullivan Square, Malden Center and Wellington stations on the MBTA’s Orange Line.

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Information courtesy of Horvath & Tremblay is subject to verification and is not guaranteed.
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