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Two-Family Duplex with Garage
New
For Sale
$899,000

8-A Wilbur St, Everett, MA 02149

Residential Income, Everett, MA

Property Size3,328 SF
Lot Size0.10 Acres
Price / SF$270.13
Days on Market6

Property Features for 8-A Wilbur St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning DD
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 5
Parking 5
Directions GPS
Standard status Active
APN M:00N0 B:0005 L:000166,485773
Size 3,328 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 11812

Amenities

front porch
back porch

Building Details

Year built 1920
Floors in Building 3
Number of units 2
Listing Agency: REMAX Andrew Realty Services · RE/MAX International
Listed By: John Veneziano
Added: Sep 28 Changed: Oct 2 Last Checked: Oct 3 at 2:06AM
MLS# 73583364

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,328-square-foot duplex, built in 1920, contains two residences. The first has two bedrooms, a living area, hardwood floors, and a front porch. The second spans two levels, with four bedrooms, hardwood flooring, an eat-in kitchen, a living room, and a back porch. An oversized garage and driveway provide additional parking.

The property occupies a 0.0975-acre lot in Everett, near public transportation, MBTA connections, shopping, supermarkets, restaurants, and Encore Boston Harbor. It is zoned DD.

Key Highlights

  • Two‑family duplex with 3,328 square feet of building area
  • 0.0975‑acre lot in Everett
  • Built in 1920; zoned DD

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$70,422
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.83%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,408,440 $1.4M
Cap Rate 7%
$1,006,029 $1.0M
Cap Rate 9%
$782,467 $782.5K
Market Conditions
NOI Build-Up for 3,328 SF 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.
Gross rent
$105.8K $31.80/SF
− Vacancy
−$5.2K −$1.57/SF
EGI
$100.6K $30.23/SF
− OpEx
−$30.2K −$9.07/SF
NOI
$70.4K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,408,440
Cap Rate 7%
$1,006,029
Cap Rate 9%
$782,467

Alternative Uses

Best Use
Multifamily LT 5
$1.01M
$880.3K – $1.17M (±1% cap)
NOI $70,422 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$945.9K
$827.7K – $1.10M (±1% cap)
NOI $66,216 @ 7.0% cap · market cap 7.37%
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M (±1% cap)
NOI $137,911 @ 7.0% cap · market cap 15.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Tech Support Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,334
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two distinct residences offer hardwood floors, porches, and off-street parking.
Where is this duplex located?
The property is located at 8-A Wilbur St Everett, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two‑family duplex with 3,328 square feet of building area; 0.0975‑acre lot in Everett; Built in 1920; zoned DD
More about this property
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