Everett Three-Family Investment
15 Marie Ave, Everett, MA 02149
Three-family property in Everett with separate utilities and strong cashflow.
Type:Multi-Family
Property size:
3,565 SFPrice / SF:
$277/SF- Added:
- May 19, 2026
- Days on Market:
- 13
- Last Refresh:
- May 21 at 3:56 pm
Property Features for 15 Marie Ave
General Information
- Standard status
- Active
- Size
- 3,565 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing agent Alvarenga & Son's Team
Listing office Keller Williams Realty Evolution
Listing date May 19, 2026
Source Hometown-team
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 Evolution
HighLights
- High capitalization rate (approximately 9%) indicating strong investment potential.
- Three separate units, offering diverse rental income streams.
- Separate utilities for each unit, simplifying tenant management and expense tracking.
- Strategic location in Everett, providing convenient access to amenities, public transportation, and downtown Boston.
- Well‑maintained interiors, appealing to potential tenants.
- Potential for long‑term value appreciation in a growing market.
Overview
This three-family property is located at 15 Marie Ave, Everett. It is an investment opportunity with an approximate capitalization rate of 9%. Each unit has separate utilities. The building features well-maintained interiors and presents a strong cash flow potential. Its location in Everett provides residents with convenient access to local amenities, public transportation, and downtown Boston. The property offers a solid investment return and the promise of long-term value appreciation in a growing market. The property size is 3565 square feet.
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 | $113.4k | $31.80 |
| − Vacancy | −$5.6k | −$1.57 |
| EGI | $107.8k | $30.23 |
| − OpEx | −$32.3k | −$9.07 |
| NOI | $75.4k | $21.16 |
3,565 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$943.0K – $1.26M
NOI $75,437 @ 7.0% cap · market cap 7.63%
Second Best
Apartment 5plus
$1.01M
$886.6K – $1.18M
NOI $70,931 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,733 @ 7.0% cap · market cap 14.94%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Everett
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.0476837
- Latitude
- 42.416724
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-family property in Everett with separate utilities and strong cashflow.
Where is this triplex located?
The property is located at 15 Marie Ave Everett, MA.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: High capitalization rate (approximately 9%) indicating strong investment potential.; Three separate units, offering diverse rental income streams.; Separate utilities for each unit, simplifying tenant management and expense tracking.
