Duplex with Walk-Up
New
For Sale
$830,000
27 Belmont Park, Everett, MA 02149
Separate homes offer private laundry, enclosed porches, and distinct bedroom layouts.
Property Size2,222 SF
Price / SF$373.54
Days on Market5
Property Features for 27 Belmont Park
General Information
Standard status
Active
Size
2,222 SF
Total Parking Spaces
2
Property subtype
Multi-family
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Road Access
Yes
Amenities
hardwood floors
rich wood trim
built-in china cabinet
enclosed front porches
rear sunroom
mini-split system
covered rear porch
private laundry
basement storage
irrigation system
walk-up attic
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices Warren Residential
Listed By:
The Moving Greater Boston Team
(617) 848-9616
Source:
Sredboston
Added: Oct 3
Changed: Oct 7
Last Checked: Oct 7 at 12:20PM
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 Berkshire Hathaway HomeServices Warren Residential
Investment Insights
Based on property information with market context.
This 2,222-square-foot duplex, built in 1900, contains two residences: a first-floor unit with two bedrooms and an upper unit with three. Each has a full bath, a spacious kitchen, and private laundry. Hardwood floors, wood trim, and a built-in china cabinet add interior character. The upper residence also includes a walk-up attic and a rear sunroom, along with a mini-split system. Boilers were replaced three years ago.
Outdoor features include enclosed front porches, a covered rear porch, and a landscaped backyard with irrigation and established plantings. The property also has two side-by-side parking spaces and basement storage.
Outdoor features include enclosed front porches, a covered rear porch, and a landscaped backyard with irrigation and established plantings. The property also has two side-by-side parking spaces and basement storage.
Key Highlights
- Two residences: first‑floor unit has 2 bedrooms; upper unit has 3
- 2,222 square feet; built in 1900
- Private laundry and a full bath in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,018
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$940,360
$940.4K
Cap Rate 7%
$671,686
$671.7K
Cap Rate 9%
$522,422
$522.4K
Market Conditions
NOI Build-Up for 2,222 SF
Gross rent
$70.7K $31.80/SF
− Vacancy
−$3.5K −$1.57/SF
EGI
$67.2K $30.23/SF
− OpEx
−$20.2K −$9.07/SF
NOI
$47.0K $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%
$940,360
Cap Rate 7%
$671,686
Cap Rate 9%
$522,422
Alternative Uses
Best Use
Multifamily LT 5
$671.7K
$587.7K – $783.6K
NOI $47,018 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$631.6K
$552.6K – $736.8K
NOI $44,210 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$1.32M
$1.15M – $1.53M
NOI $92,079 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,535
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate homes offer private laundry, enclosed porches, and distinct bedroom layouts.
Where is this duplex located?
The property is located at 27 Belmont Park Everett, MA.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Two residences: first‑floor unit has 2 bedrooms; upper unit has 3; 2,222 square feet; built in 1900; Private laundry and a full bath in each residence
