Character-Rich Two-Family
17 Tufts Avenue Everett, MA 02149
17 Tufts Avenue, Everett, MA, 02149
$945,500
For Sale
$945,500
MULTI_FAMILY - Everett, MA
Property Size3,202 SF
Lot Size0.11 Acres
Price / SF$295.28
Days on Market64
Property Features for 17 Tufts Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- DD
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1
- Parking
- 3
- Fireplace
- 1
- Standard status
- Active
- APN
- M:E0 B:02 L:000073,480940
- Size
- 3,202 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9332
Building Details
- Year built
- 1880
- Floors in Building
- 4
- Number of units
- 2
Listing Agency
Keller Williams Realty-Merrimack
(978) 692-3280
3 Lan Drive, Suite 300, Westford, MA
Listed by
Claire Ryan
(978) 692-3280
Added: May 19 Updated: Jul 12 at 3:12 am Checked: Jul 21 at 4:06 am
MLS# 73521237
Listing URL
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Investment Insights
Based on property information with market context.
This character-rich two-family residence spans four levels and has been thoughtfully maintained with refinished red oak hardwood floors and fresh interior paint through most areas. Notable architectural details include stained glass at the stairway landing and two marble fireplaces, adding distinctive character to the home.
The walk-out lower level features a “summer kitchen,” a fireplace, and easy access to a patio and the enclosed, 3-season porch. Additional interior and exterior updates include 33 vinyl-clad replacement windows installed in 2008, along with a security system.
Located on a side street in Everett, the property is described as convenient to public transportation, schools, shopping, and highway access.
The walk-out lower level features a “summer kitchen,” a fireplace, and easy access to a patio and the enclosed, 3-season porch. Additional interior and exterior updates include 33 vinyl-clad replacement windows installed in 2008, along with a security system.
Located on a side street in Everett, the property is described as convenient to public transportation, schools, shopping, and highway access.
Key Highlights
- 2‑family home built in 1880 with 4 levels, currently used as a spacious single‑family with a separate top‑floor in‑law suite
- Two elegant marble fireplaces plus stained glass at the stairway landing
- Refinished red oak hardwood floors and fresh interior paint throughout most of the home
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 7.17%
Second Best
Apartment 5plus
$910.1K
$796.4K – $1.06M
NOI $63,709 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,690 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Four-level two-family with refinished hardwoods, stained glass details, marble fireplaces, and updated replacement windows.
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 $945,500.
What are key features of this property?
This property features: 2‑family home built in 1880 with 4 levels, currently used as a spacious single‑family with a separate top‑floor in‑law suite; Two elegant marble fireplaces plus stained glass at the stairway landing; Refinished red oak hardwood floors and fresh interior paint throughout most of the home