Newly Renovated Two-Family
148 Florence St Everett, MA 02149
For Sale
$820,000
Pending
MULTI_FAMILY - Everett, MA
Property Size1,836 SF
Lot Size0.07 Acres
Days on Market114
Property Features for 148 Florence St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
DD
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Parking
1
Standard status
Pending
APN
483354
Size
1,836 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8457
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Listing Agency:
Keller Williams Realty
(781) 843-3200
Listed By:
Steve Zeboski
(781) 843-3200
Added: Apr 7
Changed: Jul 28
Last Checked: Jul 29 at 10:06PM
MLS# 73497402
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This newly renovated two-family duplex presents a clean, updated interior with beautiful LVT flooring, newer kitchens featuring granite countertops, and all-new stainless steel appliances. The bathroom has been fully remodeled with new fixtures throughout, and the home is supported by energy-efficient LED lighting. Both units also benefit from ample storage in the basement. Heating and hot water infrastructure are updated with a newer forced hot air heating system and a newer hot water tank. The upstairs unit includes vaulted ceilings and access to a large common bathroom.
The property is offered for sale at 148 Florence St in Everett, Massachusetts. The lot includes a fenced yard that supports private outdoor use, whether for small children or for owners who keep animals.
Designed for residential income use, the duplex layout allows separate living for two households while sharing common elements described in the remarks. For buyers, the scope of recent improvements—including refreshed kitchens, a fully remodeled bathroom, and updated mechanicals—can reduce near-term capital needs compared with a less-updated configuration. The basement storage further supports tenant and owner needs for everyday items and seasonal belongings.
The property is offered for sale at 148 Florence St in Everett, Massachusetts. The lot includes a fenced yard that supports private outdoor use, whether for small children or for owners who keep animals.
Designed for residential income use, the duplex layout allows separate living for two households while sharing common elements described in the remarks. For buyers, the scope of recent improvements—including refreshed kitchens, a fully remodeled bathroom, and updated mechanicals—can reduce near-term capital needs compared with a less-updated configuration. The basement storage further supports tenant and owner needs for everyday items and seasonal belongings.
Key Highlights
- Newly renovated 2‑family home (Year built: 1900)
- Beautiful LVT flooring and energy‑efficient LED lighting throughout
- Newer kitchens with granite countertops and all‑new stainless steel appliances
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey renovated 2-unit property with modern kitchens, LED lighting, and a fenced yard for added owner flexibility.
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 (Year built: 1900); Beautiful LVT flooring and energy‑efficient LED lighting throughout; Newer kitchens with granite countertops and all‑new stainless steel appliances
