71 Chestnut Street

Everett, MA 02149

$1,350,000
Last Sold Price
12
Beds
6
Baths
5,643 Sq. Ft.
$239 / Sq. Ft.
5,643
Sq. Ft.
$239
per Sq. Ft.

Description

Unique opportunity to own a great investment property with solid Gross Income exceeding $100K. - All Units Tenants at Will - Located close to Encore Casino, Assembly Row, Wellington T Station and Downtown Boston. 6 Two Bedroom units with off street parking and 2 car Garage. All separate utilities Tenants pay, Coin Op Laundry in Basement. This Property is also an excellent opportunity for a Potential Condo Conversion - schedule a visit during our group showings and consider the possibilities. All...Unique opportunity to own a great investment property with solid Gross Income exceeding $100K. - All Units Tenants at Will - Located close to Encore Casino, Assembly Row, Wellington T Station and Downtown Boston. 6 Two Bedroom units with off street parking and 2 car Garage. All separate utilities Tenants pay, Coin Op Laundry in Basement. This Property is also an excellent opportunity for a Potential Condo Conversion - schedule a visit during our group showings and consider the possibilities. All offers Due by Tuesday October 27th at 5:00 PM -
  1. Listed by Steven Mortell • RE/MAX Andrew Realty Services

Property Details for 71 Chestnut Street

Town
Everett
Area
MA-Everett
Garage Spaces
2
Parking Spaces
6.00
Parking Spaces Total
8

Location

Listing Courtesy of RE/MAX Andrew Realty Services, Steven Mortell

Sold By Dell Realty Inc., Henry Silva

Add your commute
LISTING UPDATED: 08/06/2022 07:33 AM

Property Details for 71 Chestnut Street

StatusSold
MLS #72745059
Days on Market21
Taxes$11,053 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1910
CountyMiddlesex County

Location

Listing Courtesy of RE/MAX Andrew Realty Services, Steven Mortell

Sold By Dell Realty Inc., Henry Silva

Add your commute

Building Information for 71 Chestnut Street

Stories8Residences6Year Built1910Building Size-Lot Size0.15 AC / 6,499 SF

Payment Calculator

$8,289 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$921

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 71 Chestnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation
  • Current Financing: Other
  • Living Area: 5643.0
  • Color: white
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Sale of property is subject of a 1031 exchange
Tax Information
  • Tax ID: M:M0 B:01 L:000107,484056
  • Assessments: $1,038,800
  • Book: 29765
  • Tax Year: 2020
  • Zoning: DD
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Irregular
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Annual Expenses Source: Accountant
  • GOI: $106,800.00
  • Insurance: $3,643.00
  • GRE: $54,411
  • MSE: $6,678
  • RME: $16,200
  • NOI: $52,389.00
  • Operating Expense: $54,411.00
  • WSE: $13,798.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $8,900.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 71 Chestnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 71 Chestnut Street

Taxable ValueLand$254,400Additions$1,083,500Total$1,337,900
Tax Record2024$15,332 ($1,278 / month)
Home Facts
Baths6Total Finished SqFt5,643 SqFtAbove Grade Finished SqFt5,643 SqFtUnfinished Basement SqFt1,881 SqFtStories3Lot Size6,499 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningDDCountyMIDDLESEXAPNEVER M:M0 B:01 L:000107

Schools near 71 Chestnut Street

This home is within Everett School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - K to 12
Rating
School
Distance
Parlin School
PublicK to 8

Everett High School
Public9 to 12

George Keverian School
PublicK to 8

Devens School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Andrew Realty Services, Steven Mortell

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.