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    Everett Three-Family Near Broadway Title is generated by Realmo AI

    7 Hampshire St, Everett, MA 02149

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    For Sale
    $1,199,000

    Well-located three-family in Everett near downtown, amenities, and transportation.

    Type:3 Family
    Property size:
    3,367 SF
    Price / SF:
    $356/SF
    Added:
    Apr 8, 2026
    Days on Market:
    68
    Last Refresh:
    Apr 20 at 7:08 pm

    Property Features for 7 Hampshire St

    General Information

    Standard status
    Active
    Size
    3,367 SF
    Property subtype
    3 Family

    Building Details

    Year Built
    1900

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    Listing Contact
    VIP Group

    Listing agent VIP Group

    Listing office Moor Realty Group

    Listing date Apr 8, 2026

    Source Lockandkeyre

    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 Moor Realty Group

    HighLights

    • Well‑located three‑family in Everett near downtown Broadway, local amenities, and public transportation.
    • Private driveway and two‑car garage.
    • Each unit has been deleaded.
    • Backyard with patio and garden area.
    • Unit 1 and Unit 2 offer 2 bedrooms, 1 full bath, and an office or den.
    • Additional lower‑level storage, laundry, and utility space.

    Overview

    This three-family property in Everett is situated near downtown Broadway, local amenities, and public transportation. The multifamily property features fresh exterior paint, a covered front porch, a private driveway, a two-car garage, and a backyard with patio and garden area. Unit 1 spans 3 floors and includes 2 bedrooms, 1 full bath, and an office or den, along with a living room, dining room, and kitchen. Unit 2 is located on the second and third floors, offering 2 bedrooms, 1 full bath, and an office or den, with a living room, dining room, and kitchen across 2 floors. Unit 3 features 2 bedrooms, 1 full bath, a living room and kitchen with pantry. Additional lower-level storage, laundry, and utility space offer added flexibility. All units have been deleaded. The property contains 3,367 square feet.

    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 $107.1k $31.80
    − Vacancy −$5.3k −$1.57
    EGI $101.8k $30.23
    − OpEx −$30.5k −$9.07
    NOI $71.2k $21.16
    3,367 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.02M
    $890.6K – $1.19M (±1% cap)
    NOI $71,247 @ 7.0% cap · market cap 5.94%
    Second Best
    Apartment 5plus
    $957.0K
    $837.4K – $1.12M (±1% cap)
    NOI $66,992 @ 7.0% cap · market cap 5.59%
    Theoretical Best
    Office A
    $1.99M
    $1.74M – $2.33M (±1% cap)
    NOI $139,528 @ 7.0% cap · market cap 11.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Everett
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0523875
    Latitude
    42.4092394

    FAQs

    What type of property is this?
    Triplex - Well-located three-family in Everett near downtown, amenities, and transportation.
    Where is this triplex located?
    The property is located at 7 Hampshire St Everett, MA.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: Well‑located three‑family in Everett near downtown Broadway, local amenities, and public transportation.; Private driveway and **two‑car garage**.; Each unit has been deleaded.
    More about this property
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