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Everett Three-Family Investment Opportunity

15 Marie Ave Everett, MA 02149

15 Marie Ave, Everett, MA, 02149
$989,000
For Sale
Claim this Listing
$989,000

Three-family property in Everett with separate utilities and strong cashflow.

Property Size3,565 SF
Price / SF$277.42
AddedMay 14
Days on Market64
Last RefreshJul 16 at 9:26 am

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 office Keller Williams Realty Evolution

Listing date May 14, 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


Investment Insights

Based on property information with market context.

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.

Key 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.

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 (±1% cap)
NOI $75,437 @ 7.0% cap · market cap 7.63%
Second Best
Apartment 5plus
$1.01M
$886.6K – $1.18M (±1% cap)
NOI $70,931 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M (±1% cap)
NOI $147,733 @ 7.0% cap · market cap 14.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Tech Support Center Dental Office Hotel & Motel Accounting Firm Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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.
Contact an agent
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