Renovated Two-Family
148 Florence St Everett, MA 02149
148 Florence St, Everett, MA, 02149
$820,000
Pending
For Sale
$820,000
Pending
Renovated two-family home with modern amenities and desirable location.
Property Size1,836 SF
Days on Market107
Property Features for 148 Florence St
General Information
- Standard status
- Pending
- Size
- 1,836 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1900
Listing agency
Keller Williams Realty
(617) 608-9288
Listed by
Grace Hui
(617) 608-9288
Source
Lockandkeyre
Added: Apr 7 Updated: Jul 10 at 1:13PM Checked: Jul 21 at 3:28AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This newly renovated two-family home features 1836 square feet of living space. The property includes newer kitchens with granite countertops and stainless steel appliances. The bathrooms have been fully remodeled with new fixtures throughout. Beautiful LVT flooring and energy-efficient LED lighting are present throughout the home. The upstairs unit features vaulted ceilings and a large common bathroom. Ample storage is available in the basement for both units. A fenced yard is suitable for children or pets. The property is equipped with a newer forced hot air heating system and hot water tank.
Key Highlights
- Newly renovated 2‑family home in a desirable location.
- Newer kitchens feature granite countertops and stainless steel appliances.
- 100% remodeled bathrooms with all new fixtures.
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 | $58.4k | $31.80 |
| − Vacancy | −$2.9k | −$1.57 |
| EGI | $55.5k | $30.23 |
| − OpEx | −$16.7k | −$9.07 |
| NOI | $38.9k | $21.16 |
1,836 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$555.0K
$485.6K – $647.5K
NOI $38,850 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$521.9K
$456.6K – $608.8K
NOI $36,530 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$1.09M
$951.0K – $1.27M
NOI $76,083 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated two-family home with modern amenities and desirable location.
Where is this duplex located?
The property is located at 148 Florence St Everett, MA.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Newly renovated 2‑family home in a desirable location.; Newer kitchens feature granite countertops and stainless steel appliances.; 100% remodeled bathrooms with all new fixtures.
