Two-Family Residence with In-Law
17 Tufts Avenue, Everett, MA 02149
Four-level two-family home with walk-out lower level and enclosed three-season porch for flexible living or rental use.
Type:Multi-family
Property size:
3,202 SFPrice / SF:
$309/SF- Added:
- Apr 22, 2026
- Days on Market:
- 77
- Last Refresh:
- Jun 21 at 2:25 am
Property Features for 17 Tufts Avenue
General Information
- Standard status
- Active
- Size
- 3,202 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1880
Listing office Keller Williams Realty-Merrimack
Listing date Apr 22, 2026
Source Miketoomeyrealestate
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
HighLights
- 1880‑built four‑level two‑family home with walk‑out lower level and enclosed 3‑season porch
- Flexible layout with separate top‑floor in‑law suite plus use as a spacious single‑family residence
- Refinished red oak hardwood floors and fresh interior paint throughout most of the home
- Stunning stained glass stairway landing and 2 marble fireplaces
- Walk‑out lower level includes a “summer kitchen,” fireplace, and patio/lush backyard access
- Updates include 33 vinyl‑clad replacement windows (2008) and a security system
Overview
This 2-family home is arranged across four levels and has been used as a spacious single-family residence with a separate top-floor in-law suite. Inside, you’ll find refinished red oak hardwood floors and fresh interior paint through much of the home, along with timeless details including stained glass at the stairway landing and two marble fireplaces. The walk-out lower level includes a “summer kitchen,” a fireplace, and direct access to a patio and landscaped, maintained backyard. An enclosed three-season porch provides additional indoor-outdoor comfort. Updates noted include 33 vinyl-clad replacement windows installed in 2008, a security system, and extensive improvements referenced in the property documentation.
Located at 17 Tufts Avenue in Everett, the property is described as being on a side street and convenient to public transportation, schools, shopping, and highway access.
For tenants, buyers, or owner-occupants seeking flexibility, the separate top-floor suite supports multigenerational living, while the rest of the home offers traditional residential space with multiple fireplace features and dedicated lower-level functions. The walk-out level and outdoor spaces can also be practical for daily living and entertaining.
Located at 17 Tufts Avenue in Everett, the property is described as being on a side street and convenient to public transportation, schools, shopping, and highway access.
For tenants, buyers, or owner-occupants seeking flexibility, the separate top-floor suite supports multigenerational living, while the rest of the home offers traditional residential space with multiple fireplace features and dedicated lower-level functions. The walk-out level and outdoor spaces can also be practical for daily living and entertaining.
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
NOI $67,755 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$910.1K
$796.4K – $1.06M
NOI $63,709 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,690 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Everett
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.0588435
- Latitude
- 42.4067547
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Four-level two-family home with walk-out lower level and enclosed three-season porch for flexible living or rental use.
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: 1880‑built four‑level two‑family home with walk‑out lower level and enclosed 3‑season porch; Flexible layout with separate top‑floor in‑law suite plus use as a spacious single‑family residence; Refinished red oak hardwood floors and fresh interior paint throughout most of the home
