Gene Mullen - Berkshire Hathaway HomeServices Commonwealth Real Estate

63-65 Chestnut St, Everett, MA 02149

Multi-Family

$739,900
Price
$725,000
Sale Price

3
Units
3,120
Approx. GLA
Hard to find spacious 3120 Sf standard 3 families for sale in Everett developing neighborhood. This 3 family has 15 rooms, 9 bedrooms, each unit has covered front porch and back porch. 3 large Kitchens with pantry & dining area. Common Laundry room in basement. Fully rented, tenants at will, monthly rent $4170, well below current market, Tenants pay utilities. Tremendous potential to increase rental income and property value after new Casino opening soon, job opportunities will explode rental and house demand . Excellent location, close to everything: shopping, restaurant, school, city hall and convenient roadway. Bus stop around the corner, easy to access road 99,16, 93,1 to Boston, Cambridge, airport and everywhere else. Great investment, motivated seller (retiree), Don't miss out! Hurry, hurry, hurry! Buyers do your own due diligence.
Highlights
Terms: Contract for Deed
Sale Price: $725,000
Settled Date: 11/14/2018 12:00:00 AM
Basement Features: Full, Walk Out, Unfinished Basement
List Price: $739,900
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Sold
Beds: 9
Baths: 3
Units: 3
Year Built: 1900
Approx. GLA: 3,120
MLS#: 72400093
 
Interior
Basement: Yes
Cooling Units: 3
Cooling Zones: 3
Electric Features: 100 Amps
Heating Units: 3
Heating Zones: 3
Flooring: Wood, Tile, Wall to Wall Carpet, Varies Per Unit, Hardwood
Hot Water: Natural Gas
Rooms: 15
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.06
Lot Size: 2,583.00
Lot Description: Paved Drive, Level
Foundation: Fieldstone
Parking Spaces: 3
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved
Construction: Frame, Stone/Concrete, Post & Beam
Roof Material: Other (See Remarks)
Utility: for Gas Range, for Gas Oven, for Gas Dryer
Exterior: Aluminum
Exterior Features: Porch, Covered Patio/Deck
Water: City/Town Water, Individual Meter
Water: City/Town Water, Individual Meter
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $445,400
Taxes: $4,680
Tax Year: 2018
Book/Page: 54646/584
Beach
Beach: No
Expenses
Expenses Source: Pro. Forma Available
Gross Income: $50,040
Total Rent: $4,170
Net Income: $50,040
 
 
Additional
Amenities: Public Transportation, Shopping, Laundromat, Public School, T-Station
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 1 1 0 No 1 $1,410
Unit 2 5 3 0 2 1 0 No 1 $1,385
Unit 3 5 3 0 3 1 0 No 1 $1,375
Units Extras
Unit 1
Cooling:  Window AC, 3 or More  Applicances:  Range, Refrigerator  Heating:  Forced Air  Interior:  Bathroom With Tub & Shower, Wall to Wall Carpet, Upgraded Cabinets, Upgraded Countertops, Cable TV Available, Pantry, Storage, Balcony/Deck  Rooms:  Living Room, Kitchen 
Unit 2
Cooling:  Window AC, 3 or More  Applicances:  Range, Refrigerator, Refrigerator - ENERGY STAR  Heating:  Forced Air  Interior:  Bathroom With Tub & Shower, Upgraded Cabinets, Upgraded Countertops, Cable TV Available, Pantry, Balcony/Deck  Rooms:  Living Room, Kitchen 
Unit 3
Cooling:  Window AC, 3 or More  Applicances:  Range, Refrigerator, Refrigerator - ENERGY STAR  Heating:  Forced Air  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Cable TV Available, Pantry, Storage, Balcony/Deck  Rooms:  Living Room, Kitchen 
Common
Heating:  Forced Air  Rooms:  Laundry 
Map
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The listing office is Yanglu Realty and the listing agent is Louis Young. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/15/2018 8:35:00 AM.
 
Gene Mullen
Gene Mullen
Realtor
Berkshire Hathaway HomeServices Commonwealth Real Estate