2-Unit Duplex with Enclosed
New
For Sale
$789,000
33 Luke Rd, Everett, MA 02149
Residential Income, Everett, MA
Property Size2,112 SF
Lot Size0.08 Acres
Price / SF$373.58
Days on Market3
Property Features for 33 Luke Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
DD
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2
Parking
3
Directions
GPS
Standard status
Active
APN
M:00L0 B:0007 L:000227,483905
Size
2,112 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
9079
Amenities
laundry in the basement
enclosed back deck
hardwood flooring
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Listing Agency:
REMAX Andrew Realty Services · RE/MAX International
(781) 395-7676
Listed By:
John Veneziano
(617) 840-5499
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 14 at 11:06PM
MLS# 73589644
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,112-square-foot duplex was built in 1900 and contains two residences. Each has separate living and dining rooms, an eat-in kitchen, two bedrooms, and an enclosed rear deck. The first-floor unit is vacant. Laundry is located in the basement, and the driveway accommodates up to three cars. The property sits on a 0.079-acre lot and is zoned DD.
A neighborhood park is across the street, with public transportation within walking distance. Shopping, restaurants, and everyday services are nearby. The address is 33 Luke Rd in Everett, Massachusetts.
A neighborhood park is across the street, with public transportation within walking distance. Shopping, restaurants, and everyday services are nearby. The address is 33 Luke Rd in Everett, Massachusetts.
Key Highlights
- Two residences, each with separate living and dining rooms, an eat‑in kitchen, and two bedrooms
- First‑floor unit is vacant
- 2,112 square feet on a 0.079‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,691
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$893,820
$893.8K
Cap Rate 7%
$638,443
$638.4K
Cap Rate 9%
$496,567
$496.6K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$67.2K $31.80/SF
− Vacancy
−$3.3K −$1.57/SF
EGI
$63.8K $30.23/SF
− OpEx
−$19.2K −$9.07/SF
NOI
$44.7K $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%
$893,820
Cap Rate 7%
$638,443
Cap Rate 9%
$496,567
Alternative Uses
Best Use
Multifamily LT 5
$638.4K
$558.6K – $744.9K
NOI $44,691 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$600.3K
$525.3K – $700.4K
NOI $42,022 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,521 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,552
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
Check the figures for this property
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 - One residence is vacant, and both units have separate living and dining rooms plus eat-in kitchens.
Where is this duplex located?
The property is located at 33 Luke Rd Everett, MA.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Two residences, each with separate living and dining rooms, an eat‑in kitchen, and two bedrooms; First‑floor unit is vacant; 2,112 square feet on a 0.079‑acre lot
