Renovated Two-Family
92 Irving Street Everett, MA 02149
92 Irving Street, Everett, MA, 02149
$899,000
For Sale
$899,000
Turnkey renovated two-family residence with separate utilities, in-unit laundry, and off-street parking for up to seven vehicles.
Property Size2,265 SF
Price / SF$396.91
Days on Market100
Property Features for 92 Irving Street
General Information
- Standard status
- Active
- Size
- 2,265 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Coldwell Banker First Quality Realty
Listed by
Martin Tokos
(978) 922-3683
Source
Jbarrettrealty
Added: Apr 14 Updated: Jul 22 at 7:54AM Checked: Jul 22 at 7:54AM
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 Coldwell Banker First Quality Realty
Investment Insights
Based on property information with market context.
This fully renovated two-family home offers two units, each featuring two bedrooms, a spacious living room, a full bath, an eat-in kitchen, and in-unit laundry. The renovation was completed approximately two years ago and included updated electrical, plumbing, insulation, walls, roof, windows, kitchens, baths, exterior siding, and the driveway.
Separate utilities are provided for each unit, including water meters. Off-street parking is available for up to seven vehicles, including a two-car garage.
The property is presented as a turnkey asset in a highly accessible setting, with convenient proximity to schools, shopping, and public transportation.
Separate utilities are provided for each unit, including water meters. Off-street parking is available for up to seven vehicles, including a two-car garage.
The property is presented as a turnkey asset in a highly accessible setting, with convenient proximity to schools, shopping, and public transportation.
Key Highlights
- Fully renovated two‑family home (1900) with complete updates completed about 2 years ago
- Both units feature 2 bedrooms, a spacious living room, full bath, eat‑in kitchen, and in‑unit laundry
- Renovation included updated electrical, plumbing, insulation, walls, roof, windows, kitchens, baths, and exterior siding
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 | $72.0k | $31.80 |
| − Vacancy | −$3.6k | −$1.57 |
| EGI | $68.5k | $30.23 |
| − OpEx | −$20.5k | −$9.07 |
| NOI | $47.9k | $21.16 |
2,265 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$684.7K
$599.1K – $798.8K
NOI $47,928 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$643.8K
$563.3K – $751.1K
NOI $45,066 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,861 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey renovated two-family residence with separate utilities, in-unit laundry, and off-street parking for up to seven vehicles.
Where is this duplex located?
The property is located at 92 Irving Street 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: Fully renovated two‑family home (1900) with complete updates completed about 2 years ago; Both units feature 2 bedrooms, a spacious living room, full bath, eat‑in kitchen, and in‑unit laundry; Renovation included updated electrical, plumbing, insulation, walls, roof, windows, kitchens, baths, and exterior siding
