Duplex with Private
For Sale
$789,000
40 Plymouth St, Everett, MA 02149
Both apartments have separate utilities, gas heat and dedicated basement laundry appliances.
Property Size1,726 SF
Price / SF$457.13
Days on Market8
Property Features for 40 Plymouth St
General Information
Standard status
Active
Size
1,726 SF
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Amenities
private deck
dedicated washer and dryer
Building Details
Building Size
1,726 SF
Year Built
1900
Buildings
1
Listing Agency:
Keller Williams Realty Signature Properties
(781) 924-5766
Listed By:
Alison Shanley Kennedy
(508) 577-5616
Source:
Iverty
Added: Sep 30
Changed: Oct 7
Last Checked: Oct 7 at 12:32PM
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 Keller Williams Realty Signature Properties
Investment Insights
Based on property information with market context.
This 1,726-square-foot duplex contains two apartments. The first-floor unit has two bedrooms, a renovated full bath, hardwood floors and a kitchen with granite countertops and newer cabinets. The second apartment occupies the upper two floors and includes three bedrooms, a full bath, hardwood flooring, a granite-counter kitchen and a private deck. Its bathroom has updated vinyl flooring and a vanity.
The property has separate utilities, gas heating and an individual washer and dryer for each unit in the basement. It is in Everett’s Village neighborhood, near Sacramone Park, the Northern Strand Community Trail, Night Shift Brewing, Encore Boston Harbor and Gateway Center. Routes 1 and 16, I-93 and bus service to the Orange Line are accessible from the area.
The property has separate utilities, gas heating and an individual washer and dryer for each unit in the basement. It is in Everett’s Village neighborhood, near Sacramone Park, the Northern Strand Community Trail, Night Shift Brewing, Encore Boston Harbor and Gateway Center. Routes 1 and 16, I-93 and bus service to the Orange Line are accessible from the area.
Key Highlights
- 1,726‑square‑foot duplex with two apartments
- First‑floor unit: 2 bedrooms, renovated full bath and hardwood floors
- Upper‑floor apartment spans the second and third floors, with 3 bedrooms and a private deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,523
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$730,460
$730.5K
Cap Rate 7%
$521,757
$521.8K
Cap Rate 9%
$405,811
$405.8K
Market Conditions
NOI Build-Up for 1,726 SF
Gross rent
$54.9K $31.80/SF
− Vacancy
−$2.7K −$1.57/SF
EGI
$52.2K $30.23/SF
− OpEx
−$15.7K −$9.07/SF
NOI
$36.5K $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%
$730,460
Cap Rate 7%
$521,757
Cap Rate 9%
$405,811
Alternative Uses
Best Use
Multifamily LT 5
$521.8K
$456.5K – $608.7K
NOI $36,523 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$490.6K
$429.3K – $572.4K
NOI $34,342 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$1.02M
$894.1K – $1.19M
NOI $71,525 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,425
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 - Both apartments have separate utilities, gas heat and dedicated basement laundry appliances.
Where is this duplex located?
The property is located at 40 Plymouth St 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: 1,726‑square‑foot duplex with two apartments; First‑floor unit: 2 bedrooms, renovated full bath and hardwood floors; Upper‑floor apartment spans the second and third floors, with 3 bedrooms and a private deck
