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Versatile Two-Family Home

17 Tufts Avenue Everett, MA 02149

17 Tufts Avenue, Everett, MA, 02149
$989,900
For Sale
Claim this Listing
$989,900

Lovingly maintained two-family home with character and spacious layout.

Property Size3,202 SF
Price / SF$309.15
AddedApr 30
Days on Market78
Last RefreshJul 15 at 9:04 am

Property Features for 17 Tufts Avenue

General Information

Standard status
Active
Size
3,202 SF
Property subtype
Single Family / Detached

Building Details

Year Built
1880

Listing office Keller Williams Realty-Merrimack

Listing date Apr 30, 2026

Source Compass

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-Merrimack


Investment Insights

Based on property information with market context.

This versatile two-family home, rich with character, has been lovingly maintained. For years, it has been enjoyed as a spacious single-family residence with a separate top-floor in-law suite. The property spans 4 levels and features beautifully refinished red oak hardwood floors and fresh interior paint throughout most of the home. Timeless architectural details include stunning stained glass at the stairway landing and 2 elegant marble fireplaces. The walk-out lower level features a summer kitchen and fireplace, with easy access to the patio and lush backyard retreat. An enclosed 3-season porch offers a place to relax. Outdoors, there is a marble picnic bench surrounded by mature perennials and beautifully maintained grounds. Additional updates include 33 vinyl-clad replacement windows installed in 2008 and a security system. The property is located near public transportation, schools, shopping, and highway access. It is also minutes from Encore, Boston Harbor, Assembly Row, and Station Landing. The property size is 3202 square feet.

Key Highlights

  • Versatile 2‑family home, currently used as a spacious single‑family with in‑law suite.
  • Refinished red oak hardwood floors and fresh paint throughout most of the home.
  • Excellent location near public transportation, schools, shopping, and highway access.

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 $101.8k $31.80
− Vacancy −$5.0k −$1.57
EGI $96.8k $30.23
− OpEx −$29.0k −$9.07
NOI $67.8k $21.16
3,202 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$967.9K
$846.9K – $1.13M (±1% cap)
NOI $67,755 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$910.1K
$796.4K – $1.06M (±1% cap)
NOI $63,709 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M (±1% cap)
NOI $132,690 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Acupuncture Catering Service Tech Support Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Veterinary Clinic Tanning Salon Clothing & Fashion Store Parking Lot & Garage

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

FAQs

What type of property is this?
Duplex - Lovingly maintained two-family home with character and spacious layout.
Where is this duplex located?
The property is located at 17 Tufts Avenue Everett, MA.
What is the asking price?
The asking price for this property is $989,900.
What are key features of this property?
This property features: Versatile 2‑family home, currently used as a spacious single‑family with in‑law suite.; Refinished red oak hardwood floors and fresh paint throughout most of the home.; Excellent location near public transportation, schools, shopping, and highway access.
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