Three-Story Triplex with Six
For Sale
$1,100,000
24-26 Edith Ave, Everett, MA 02149
Three-story triplex built in 1900 offering six bedrooms and three full bathrooms.
Property Size4,283 SF
Lot Size0.12 Acres
Price / SF$256.83
Days on Market81
Property Features for 24-26 Edith Ave
General Information
Standard status
Active
Size
4,283 SF
Lot size
0.12 Acres
Property subtype
3 Family
Building Details
Building Size
4,283 SF
Year Built
1900
Stories
3
Tenancy
Multi
Listing Agency:
ERA Millennium
(617) 389-1101
Listed By:
Pat Roberto · License #134262
Source:
Donnellyandco
Added: May 11
Changed: Jul 30
Last Checked: Jul 30 at 2:17AM
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 ERA Millennium
Investment Insights
Based on property information with market context.
This three-story triplex at 24-26 Edith Ave, Everett, MA was constructed in 1900 and totals 4,283 square feet of living space. The layout provides six bedrooms distributed across three stories, along with three full bathrooms designed for everyday comfort.
Set on a 5,027-square-foot lot, the property offers outdoor potential in a well-established neighborhood. With its multi-level configuration, it’s well suited for households looking for separation between living spaces or for owners seeking flexible residential income potential.
The home’s historic build year, combined with its spacious interior and balanced bathroom count, supports a variety of multi-family occupancy arrangements within a single structure.
Set on a 5,027-square-foot lot, the property offers outdoor potential in a well-established neighborhood. With its multi-level configuration, it’s well suited for households looking for separation between living spaces or for owners seeking flexible residential income potential.
The home’s historic build year, combined with its spacious interior and balanced bathroom count, supports a variety of multi-family occupancy arrangements within a single structure.
Key Highlights
- 3, 4,283 SF living space three‑story triplex
- Six bedrooms distributed across three stories
- Three full bathrooms
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 | $136.2k | $31.80 |
| − Vacancy | −$6.7k | −$1.57 |
| EGI | $129.5k | $30.23 |
| − OpEx | −$38.8k | −$9.07 |
| NOI | $90.6k | $21.16 |
4,283 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.29M
$1.13M – $1.51M
NOI $90,630 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.42M
NOI $85,217 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$2.54M
$2.22M – $2.96M
NOI $177,486 @ 7.0% cap · market cap 16.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,036
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-story triplex built in 1900 offering six bedrooms and three full bathrooms.
Where is this triplex located?
The property is located at 24-26 Edith Ave Everett, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3, 4,283 SF living space three‑story triplex; Six bedrooms distributed across three stories; Three full bathrooms
