Three-Unit Residential
22 Bolster St, Everett, MA 02149
For Sale
$809,999
Pending
Three residential units are complemented by a front porch, backyard, and storage throughout.
Property Size2,421 SF
Days on Market21
Property Features for 22 Bolster St
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Amenities
front porch
backyard
storage
Building Details
Year Built
Listing Agency:
Zander Realty Group
(617) 470-7717
Listed By:
Randall Matthews
(617) 293-4356
Source:
Lockandkeyre
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 7:00AM
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 Zander Realty Group
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Investment Insights
Based on property information with market context.
This 2,421-square-foot triplex, built in 1900, contains three units with living areas, bedrooms, and functional layouts. A front porch, backyard, and storage areas provide additional features across the property.
The property is at 22 Bolster St in Everett, Massachusetts. Local dining, shopping, public transportation, and major commuter routes to Boston are described as nearby.
The property is at 22 Bolster St in Everett, Massachusetts. Local dining, shopping, public transportation, and major commuter routes to Boston are described as nearby.
Key Highlights
- Three residential units
- 2,421 square feet; built in 1900
- Front porch and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,229
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,024,580
$1.0M
Cap Rate 7%
$731,843
$731.8K
Cap Rate 9%
$569,211
$569.2K
Market Conditions
NOI Build-Up for 2,421 SF
Gross rent
$77.0K $31.80/SF
− Vacancy
−$3.8K −$1.57/SF
EGI
$73.2K $30.23/SF
− OpEx
−$22.0K −$9.07/SF
NOI
$51.2K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,024,580
Cap Rate 7%
$731,843
Cap Rate 9%
$569,211
Alternative Uses
Best Use
Multifamily LT 5
$731.8K
$640.4K – $853.8K
NOI $51,229 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$688.1K
$602.1K – $802.8K
NOI $48,170 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,326 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,036
Businesses Nearby
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Business Placement
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
$605,200
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Middlesex County, MA
Properties on Market for Triplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units are complemented by a front porch, backyard, and storage throughout.
Where is this triplex located?
The property is located at 22 Bolster St Everett, MA.
What is the asking price?
The asking price for this property is $809,999.
What are key features of this property?
This property features: Three residential units; 2,421 square feet; built in 1900; Front porch and backyard
