Three-Unit Residential
48 Oliver St, Everett, MA 02149
For Sale
New
$895,000
Three floors provide separate living units, with off-street parking for four cars.
Property Size1,900 SF
Lot Size0.08 Acres
Price / SF$340.82
Days on Market4
Property Features for 48 Oliver St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Lease Term
Property Condition
Severity
Evidence
Additional Details
Multifamily Units
Tenant in Place
Building Details
Building Size
Year Built
Stories
Listing Agency:
Matheson Law Office
Listed By:
John Matheson
(781) 322-6199
Source:
Iverty
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:25PM
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 Matheson Law Office
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 48 Oliver St in Everett, this three-unit property contains 2,626 square feet of living area arranged across three floors. The layout includes eight bedrooms and three full bathrooms, with one unit on each level. Two units have at-will tenants; the third, located in the attic, requires remodeling.
The property occupies a 3,402-square-foot lot and includes off-street parking arranged for four vehicles. Built in 1900, the building offers a three-floor residential configuration at this Everett address.
The property occupies a 3,402-square-foot lot and includes off-street parking arranged for four vehicles. Built in 1900, the building offers a three-floor residential configuration at this Everett address.
Key Highlights
- Three units, one on each of three floors
- 2,626 square feet of living space with 8 bedrooms and 3 full bathrooms
- Attic‑level third unit needs remodeling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,567
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,111,340
$1.1M
Cap Rate 7%
$793,814
$793.8K
Cap Rate 9%
$617,411
$617.4K
Market Conditions
NOI Build-Up for 2,626 SF
Gross rent
$83.5K $31.80/SF
− Vacancy
−$4.1K −$1.57/SF
EGI
$79.4K $30.23/SF
− OpEx
−$23.8K −$9.07/SF
NOI
$55.6K $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%
$1,111,340
Cap Rate 7%
$793,814
Cap Rate 9%
$617,411
Alternative Uses
Best Use
Multifamily LT 5
$793.8K
$694.6K – $926.1K
NOI $55,567 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$746.4K
$653.1K – $870.8K
NOI $52,249 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,821 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,923
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
$605,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Middlesex County, MA
Properties on Market for Triplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three floors provide separate living units, with off-street parking for four cars.
Where is this triplex located?
The property is located at 48 Oliver St Everett, MA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Three units, one on each of three floors; 2,626 square feet of living space with 8 bedrooms and 3 full bathrooms; Attic‑level third unit needs remodeling
