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Two-Unit Duplex with Separate Utilities
New
For Sale
$995,000

8-10 Dane St, Everett, MA 02149

Two distinct apartments are supported by separate utilities, on-site parking, and additional basement storage.

Property Size2,265 SF
Price / SF$439.29
Days on Market7

Property Features for 8-10 Dane St

General Information

Standard status Active
Size 2,265 SF
Total Parking Spaces 4
Property subtype Multi Family Home
Zoning LBRD

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Multifamily Units 2
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Annual Taxes $8,416

Amenities

backyard
front porch
rear porch
partially finished basement
laundry room
storage room
Living Room
Kitchen
Family Room
Living RM/Dining RM Combo

Building Details

Building Size 2,265 SF
Year Built 1900
Buildings 1
Stories 3
Units 2
Listing Agency: Stuart St James, Inc.
Listed By: Yohannes Tamene
Source: Fayesimonrealestate
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 1:11PM

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 Stuart St James, Inc.

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Investment Insights

Based on property information with market context.

Built in 1900, this 2,265-square-foot duplex contains two apartments. The first-floor residence has a living room, eat-in kitchen, one bedroom, a family room currently used as a second bedroom, and a full bath. Upstairs, the unit includes four bedrooms, a full bath, a living room with dining area, and a kitchen with a center island. Separate utilities serve the units.

The property has four parking spaces: one in the garage and three in the driveway. A partially finished basement provides laundry and storage space, while front and rear porches and a backyard add outdoor areas. The property is within walking distance of Encore Boston Harbor and offers access to Downtown Boston, Charlestown, major highways, public transportation, shopping, dining, and entertainment. Zoning is LBRD.

Key Highlights

  • Two‑unit duplex totaling 2,265 square feet
  • First‑floor unit has one bedroom plus a family room used as a second bedroom; upper unit has four bedrooms
  • Four parking spaces: 1 garage space and 3 driveway spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,928
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$958,560 $958.6K
Cap Rate 7%
$684,686 $684.7K
Cap Rate 9%
$532,533 $532.5K
Market Conditions
NOI Build-Up for 2,265 SF
Gross rent
$72.0K $31.80/SF
− Vacancy
−$3.6K −$1.57/SF
EGI
$68.5K $30.23/SF
− OpEx
−$20.5K −$9.07/SF
NOI
$47.9K $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%
$958,560
Cap Rate 7%
$684,686
Cap Rate 9%
$532,533

Alternative Uses

Best Use
Multifamily LT 5
$684.7K
$599.1K – $798.8K (±1% cap)
NOI $47,928 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$643.8K
$563.3K – $751.1K (±1% cap)
NOI $45,066 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,861 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,188
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two distinct apartments are supported by separate utilities, on-site parking, and additional basement storage.
Where is this duplex located?
The property is located at 8-10 Dane St Everett, MA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,265 square feet; First‑floor unit has one bedroom plus a family room used as a second bedroom; upper unit has four bedrooms; Four parking spaces: 1 garage space and 3 driveway spaces
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