Three-Unit Residential Income
30 Valley St Everett, MA 02149
For Sale
$829,900
Pending
Three-unit multifamily with one vacant unit, offered for sale as an owner-occupant or condo-style conversion opportunity.
Property Size2,271 SF
Days on Market88
Property Features for 30 Valley St
General Information
- Standard status
- Pending
- Size
- 2,271 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1889
Listing Agency:
The Greene Realty Group
(860) 560-1006
Listed By:
Derek Greene · License #9503235
Source:
Gundersheimgroup
Added: Apr 27
Changed: Jul 21
Last Checked: Jul 21 at 8:09PM
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 The Greene Realty Group
Investment Insights
Based on property information with market context.
This property is a three-unit residential income building. Unit 1 is currently vacant and ready for a new owner. The remaining units are part of the same three-family configuration, providing income-producing versatility for an owner-occupied setup.
The property is located on Valley St in Everett, Massachusetts, close to Main St and near local schools, shopping, and public transportation. The listing notes that there are no showings until the open house.
Zoning is listed as DD. Prospective buyers should review the details for permitted uses and any condo conversion requirements directly, as the remarks only describe potential in general terms.
The property is located on Valley St in Everett, Massachusetts, close to Main St and near local schools, shopping, and public transportation. The listing notes that there are no showings until the open house.
Zoning is listed as DD. Prospective buyers should review the details for permitted uses and any condo conversion requirements directly, as the remarks only describe potential in general terms.
Key Highlights
- 1889‑built 3‑family multifamily on Main St area, offered for sale with 1 unit vacant
- Unit 1 is vacant and ready for a new owner
- Interior includes a living room and kitchen; heating is central with oil and electric
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 | $72.2k | $31.80 |
| − Vacancy | −$3.6k | −$1.57 |
| EGI | $68.7k | $30.23 |
| − OpEx | −$20.6k | −$9.07 |
| NOI | $48.1k | $21.16 |
2,271 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$686.5K
$600.7K – $800.9K
NOI $48,055 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$645.5K
$564.8K – $753.1K
NOI $45,185 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M
NOI $94,110 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit multifamily with one vacant unit, offered for sale as an owner-occupant or condo-style conversion opportunity.
Where is this triplex located?
The property is located at 30 Valley St Everett, MA.
What is the asking price?
The asking price for this property is $829,900.
What are key features of this property?
This property features: 1889‑built 3‑family multifamily on Main St area, offered for sale with 1 unit vacant; Unit 1 is vacant and ready for a new owner; Interior includes a living room and kitchen; heating is central with oil and electric