Spacious Two-Family Home in
59 Woodville St Everett, MA 02149
59 Woodville St, Everett, MA, 02149
$799,900
For Sale
$799,900
Two-family home with 5 bedrooms, 2 baths, and barn/garage.
Property Size1,608 SF
Price / SF$497.45
Days on Market61
Property Features for 59 Woodville St
General Information
- Standard status
- Active
- Size
- 1,608 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1910
Listing Agency
RE/MAX Encore
(978) 886-3737
Listed by
The Parker Group
(978) 886-3737
Source
Alliancepartnersre
Added: May 18 Checked: Jul 17 at 5:58 am
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 RE/MAX Encore
Investment Insights
Based on property information with market context.
This two-family home in Everett offers opportunities for owner-occupants, investors, or those seeking flexible living space. The property includes a total of 5 bedrooms and 2 full bathrooms. The second unit spans two levels. Each unit features living areas with the opportunity to personalize or rent for added income. The property includes a patio area. A barn/garage provides additional storage, workspace, parking potential. The property has parking and a location near local shops, restaurants, public transportation, and major routes. The home will be delivered vacant. The property size is 1608 square feet.
Key Highlights
- Delivered vacant, offering immediate occupancy or rental potential.
- Two‑family home with 5 bedrooms and 2 full bathrooms, providing ample living space.
- Second unit spans two levels, offering added flexibility.
Local 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 | $51.1k | $31.80 |
| − Vacancy | −$2.5k | −$1.57 |
| EGI | $48.6k | $30.23 |
| − OpEx | −$14.6k | −$9.07 |
| NOI | $34.0k | $21.16 |
1,608 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$486.1K
$425.3K – $567.1K
NOI $34,026 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$457.1K
$399.9K – $533.2K
NOI $31,994 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$951.9K
$832.9K – $1.11M
NOI $66,635 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home with 5 bedrooms, 2 baths, and barn/garage.
Where is this duplex located?
The property is located at 59 Woodville St Everett, MA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Delivered vacant, offering immediate occupancy or rental potential.; Two‑family home with **5 bedrooms and 2 full bathrooms**, providing ample living space.; Second unit spans two levels, offering added flexibility.
