Price Reduction - Fixer Upper
Address
5 Mason St, Everett, MA
Price
$ 1,199,000
Property Attributes
  • MLS#73188388
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CityEverett
  • Zip02149
  • Style2 Family - Rooming House
  • Year Built1890
  • Taxes$ 10981
  • Price$ 1,199,000
  • Bedrooms9
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage4457
  • Lot Size4,792 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

$87,000 NET INCOME PER YEAR!!! Great income producing property to be sold with a long term tenant in place , NNN lease , monthly NET rent of $7,250. Tenant is fully responsible for all of the maintenance and repairs cost, tenant paying all utilities, real estate taxes and home insurance. Property is operating as a Sober Home Business for over 15 Years. Featuring 3 living levels + commercial offices at partially finished basement. Total of 14 rooms, 9 bedrooms, 3 bathrooms, sprinkler system, 4 car parking, full size basement, large yard,... Call listing agent for more details. MAY BE SOLD AS PACKAGE WITH 190 SHUTE ST separately listed for $859,900 MLS # 73188389

Price History
12/20/2023 Listed $1,299,000
1/18/2024 2% - $1,279,000
2/13/2024 1% - $1,269,000
3/16/2024 4% - $1,229,000
4/19/2024 9% - $1,119,000

General Features

Sewer Public Sewer
Utilities for Gas Range,for Gas Dryer
Roof Shingle,Rubber
Zoning DD
Construction Materials Frame
Exclusions Tenants Personal Belongings
Year Built 1890
Property SubType 2 Family - Rooming House
Tax Year 2023
Gross Income 87000
County Middlesex
Net Operating Income 87000
Property Type Residential Income
Garage Y/N No
Total Rooms 14
Status Active
Directions Corner of 940 Broadway and Mason St
City Everett
Disclosures Property sold as is with long term tenant in place,NNN monthly rent of $7,250. Property is operating as Sober Home business MAY BE SOLD AS PACKAGE WITH 190 SHUTE ST separately listed for $859,900 ML
Senior Community Y/N No
Total Units 1
Lot Size Square Feet 4957
Waterfront Y/N No
Street Name Mason St
Year Built Details Actual
Tax Annual Amount 10981
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 932200
Total Actual Rent 7250
Compensation Based On Gross/Full Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Partially Finished,Walk-Out Access,Interior Entry,Bulkhead,Concrete,Slab
Flooring Wood,Tile,Hardwood
Total Stories 4
Fireplace Y/N No
Full Baths 3
Laundry Features Gas Dryer Hookup
Total Bedrooms 9
Total Baths 3

Exterior Features

Parking Features Off Street
Lot Features Corner Lot
Water Source Public
Total Parking 4
Lot Size Area 0.11
Foundation Details Concrete Perimeter,Stone
Spa No
Building Area Total 4457
Lot Size Acres 0.11
Lot Size Units Acres
Road Frontage Type Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02149

Price
AVG $1.33M
$1.2M
Taxes
AVG $11,259
$10,981
Visits
AVG 190
428
Data Provided by Inside Real Estate®
Year Built
AVG 1901
1890

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