Two-Family Residential Income
For Sale
$869,986
Pending
71 Winslow St, Everett, MA 02149
Two units with separate entrances, tandem parking, a garage, and recent exterior and interior upgrades.
Property Size2,492 SF
Days on Market89
Property Features for 71 Winslow St
General Information
Standard status
Pending
Size
2,492 SF
Total Parking Spaces
7
Property subtype
Multifamily
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,697
Building Details
Building Size
2,492 SF
Year Built
1900
Listing Agency:
United Brokers
(857) 361-8584
Listed By:
Matt Tasgin · License #9586146
Source:
Classifiedrealtygroup
Added: Jun 5
Changed: Aug 8
Last Checked: Jul 23 at 2:35AM
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 United Brokers
Investment Insights
Based on property information with market context.
This spacious two-family home provides flexible living and income potential with a total of 10 rooms, 3 bedrooms, and 2.5 baths across two separate units. Both units have their own entrances. The upper unit features a large open-concept kitchen and living area on the main level, along with a pantry, laundry room, bathroom, and bedroom. A second level includes a primary bedroom with a half bath and additional space suited for an office or walk-in closet. The lower unit includes a bedroom, living room, foyer, laundry area, and full bathroom.
The property includes a garage and additional side-by-side tandem parking, plus a backyard. Recent improvements include new vinyl siding, a new roof, new windows, new hot water heaters, and new flooring.
Positioned close to major routes, shopping, restaurants, and public transportation, this home offers a practical layout for owner-occupants and investors alike.
The property includes a garage and additional side-by-side tandem parking, plus a backyard. Recent improvements include new vinyl siding, a new roof, new windows, new hot water heaters, and new flooring.
Positioned close to major routes, shopping, restaurants, and public transportation, this home offers a practical layout for owner-occupants and investors alike.
Key Highlights
- Two‑family home built in 1900 with 10 rooms, 3 bedrooms, and 2.5 baths
- Each unit has its own separate entrance
- Upper unit offers a massive open‑concept main level with kitchen/living, pantry, laundry room, bath, and bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,732
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,054,640
$1.1M
Cap Rate 7%
$753,314
$753.3K
Cap Rate 9%
$585,911
$585.9K
Market Conditions
NOI Build-Up for 2,492 SF
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.
Gross rent
$79.2K $31.80/SF
− Vacancy
−$3.9K −$1.57/SF
EGI
$75.3K $30.23/SF
− OpEx
−$22.6K −$9.07/SF
NOI
$52.7K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,054,640
Cap Rate 7%
$753,314
Cap Rate 9%
$585,911
Alternative Uses
Best Use
Multifamily LT 5
$753.3K
$659.2K – $878.9K
NOI $52,732 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$708.3K
$619.8K – $826.4K
NOI $49,582 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,268 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,561
Businesses Nearby
Explore this area
Business Placement
Demographics for 02149, MA
49,075
Population
18,541
Households
2.6
Avg Household Size
35
Median Age
23%
College-Educated
80%
High-School Grad
3.4 sq mi
ZIP Area
14,434
Density / Sq Mi
$79,658
Median Household Income
$40,836
Median Earnings
$1,988
Median Rent
$605,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two units with separate entrances, tandem parking, a garage, and recent exterior and interior upgrades.
Where is this duplex located?
The property is located at 71 Winslow St Everett, MA.
What is the asking price?
The asking price for this property is $869,986.
What are key features of this property?
This property features: Two‑family home built in 1900 with 10 rooms, 3 bedrooms, and 2.5 baths; Each unit has its own separate entrance; Upper unit offers a massive open‑concept main level with kitchen/living, pantry, laundry room, bath, and bedroom
