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Seven-Unit Residential Development
For Sale
$849,000

22-26 Elm Rd, Everett, MA 02149

Opportunity to develop seven one-bedroom units at a single residential income property in Everett.

Property Size4,000 SF
Days on Market138

Property Features for 22-26 Elm Rd

General Information

Standard status Active
Size 4,000 SF
Property subtype 5-9 Family

Additional Details

Highway Access Yes
Multifamily Units 7

Building Details

Building Size 4,000 SF
Year Built 2026
Listing Agency: Colarusso Realty
Listed By: Alexander Colarusso
Source: Donnellyandco
Added: Jun 10 Changed: Oct 16 Last Checked: Oct 25 at 2:30AM

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 Colarusso Realty

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Investment Insights

Based on property information with market context.

This offering presents a seven-unit residential development opportunity, with the proposed plan consisting of seven one-bedroom units. The property is being marketed as a development project within a strong rental and resale market, suited for investors and developers looking for a flexible path to stabilization or disposition.

The site is described as positioned on the Boston side of Everett, steps from the Riverwalk and within walking distance to Encore Boston Harbor. The remarks also note convenient access to Boston, major highways, public transportation, and nearby area amenities.

As presented, the asset provides a straightforward configuration for a new seven-unit buildout centered on one-bedroom unit design.

Key Highlights

  • Proposed 7‑unit residential development in Everett
  • Plan includes seven 1‑bedroom units at a single residential income property
  • Year built listed as 2026

Property Analytics

Lease Details

7
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,420
Businesses Nearby

Demographics for 02149, MA

49,075
Population
18,541
Households
2.6
Avg Household Size
35
Median Age
23%
College-Educated
80%
High-School Grad
3.4 sq mi
ZIP Area
14,434
Density / Sq Mi
$79,658
Median Household Income
$40,836
Median Earnings
$1,988
Median Rent
$605,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Opportunity to develop seven one-bedroom units at a single residential income property in Everett.
Where is this apartment building located?
The property is located at 22-26 Elm Rd Everett, MA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Proposed 7‑unit residential development in Everett; Plan includes seven 1‑bedroom units at a single residential income property; Year built listed as 2026
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