Mixed-Use 4-Unit
110 Ferry Street Everett, MA 02149
110 Ferry Street, Everett, MA, 02149
$1,700,000
For Sale
$1,700,000
Well-maintained 4-unit property with one commercial unit and recent capital improvements, offered for sale in Everett.
Property Size4,669 SF
Price / SF$364.10
Days on Market169
Property Features for 110 Ferry Street
General Information
- Standard status
- Active
- Size
- 4,669 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing agency
Carlton's Wharf & Co.
Listed by
Jorge Rodriguez
(617) 993-4639
Source
Flowrealty
Added: Feb 2 Updated: Jul 21 at 3:00PM Checked: Jul 21 at 3:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carlton's Wharf & Co.
Investment Insights
Based on property information with market context.
This well-maintained 4-unit building includes one commercial unit alongside the residential units. The property has had recent capital improvements, supporting continued operation as a rental income asset.
The property is located at 110 Ferry Street in Everett, MA 02149, and offers convenient access to major employers, transit, shopping, and area amenities. The listing is presented as an investment opportunity with strong rental demand and steady cash flow potential.
The property is located at 110 Ferry Street in Everett, MA 02149, and offers convenient access to major employers, transit, shopping, and area amenities. The listing is presented as an investment opportunity with strong rental demand and steady cash flow potential.
Key Highlights
- Year built 1920 well‑maintained 4‑unit building in Everett
- Income‑producing layout with 1 commercial unit and 3 residential units
- Recent capital improvements have been made
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $148.5k | $31.80 |
| − Vacancy | −$7.3k | −$1.57 |
| EGI | $141.1k | $30.23 |
| − OpEx | −$42.3k | −$9.07 |
| NOI | $98.8k | $21.16 |
4,669 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.41M
$1.23M – $1.65M
NOI $98,798 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$1.33M
$1.16M – $1.55M
NOI $92,897 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$2.76M
$2.42M – $3.22M
NOI $193,482 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Colocho’s Barber Shop
Barber Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained 4-unit property with one commercial unit and recent capital improvements, offered for sale in Everett.
Where is this quadplex located?
The property is located at 110 Ferry Street Everett, MA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Year built 1920 well‑maintained 4‑unit building in Everett; Income‑producing layout with 1 commercial unit and 3 residential units; Recent capital improvements have been made
