Everett, MA 02149,175 Hancock St
Everett, MA 02149,175 Hancock St
Everett, MA 02149,175 Hancock St
Everett, MA 02149,175 Hancock St
Everett, MA 02149,175 Hancock St
Everett, MA 02149,175 Hancock St
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$1,475,000

$1,535,000

3.9%
Est.Price: ?

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Est. payment /mo

7 Beds

5 Baths

5,237 SqFt


SOLD DATE : 06/14/2023

Key Details

Sold Price $1,475,000

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,237 sqft

Price per Sqft $281

MLS Listing ID 73073080

Sold Date 06/14/23

Bedrooms 7

Full Baths 5

Year Built 1900

Annual Tax Amount $11,491

Tax Year 2022

Lot Size 9,147 Sqft

Acres 0.21

Property Description

175 Hancock Street, a 7% cap rate on current income, is a three-story building containing five units consisting of one (1) 4-Bedroom/1 Bathroom unit, one (1) 2-Bedroom/1-Bathroom unit and three (3) 1-Bedroom/1-Bathroom units in 5,237 square feet of living area in 8,078 square feet of total gross area on a large, 0.21-acre corner lot. Majority of units renovated and has off-street parking for up to 7 cars. The current rents at 175 Hancock are below market allowing for an investor to drive income by bringing the rents up to market. Public transportation is readily available on Hancock Street with MBTA buses providing regular service to the Sullivan Square, Malden Center and Wellington stations on the MBTA’s Orange Line.

Location

State MA

County Middlesex

Zoning DD

Direction On corner of Hancock St and Highland Ave

Rooms

Basement Full

Interior

Appliance Washer, Dryer, Gas Water Heater

Exterior

Community Features Public Transportation

Total Parking Spaces 7

Garage No

Building

Lot Description Corner Lot

Story 9

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Horvath & Tremblay
Bought with John Pentore • Horvath & Tremblay
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(617) 997-8272

melanie@gundersheimgroup.com

10 Lincoln St, Newton, MA, 02461, United States

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