721 Broadway

Chelsea, MA 02150

$3,975,000
Price
9
Beds
9
Baths
4
1/2 Baths
10,268 Sq. Ft.
$387 / Sq. Ft.
10,268
Sq. Ft.
$387
per Sq. Ft.

Description

721 Broadway is a 3-story mixed-use property with a total square footage of 12,903 and rentable square footage of 10,268. The subject property is ideally located on the corner of Ferry Street and Broadway, the main corridor of downtown Everett. The property consists of four (4) retail units which consists of Metro PCS by T-Mobile, Valle Laundry, Bun’s House and Yasai Bowl. The residential is an attractive blend consisting of four (4) two-room studios and five (5) 1-bedroom units. All units are separately...721 Broadway is a 3-story mixed-use property with a total square footage of 12,903 and rentable square footage of 10,268. The subject property is ideally located on the corner of Ferry Street and Broadway, the main corridor of downtown Everett. The property consists of four (4) retail units which consists of Metro PCS by T-Mobile, Valle Laundry, Bun’s House and Yasai Bowl. The residential is an attractive blend consisting of four (4) two-room studios and five (5) 1-bedroom units. All units are separately metered for utilities and the landlord is responsible for common electric and water & sewer for the residential units.
  1. Listed by Dan Pouladian • North Shore Realty Advisors
  2. Listed by Sara Pouladian • North Shore Realty Advisors

Property Details for 721 Broadway

Town
Everett
Area
MA-Everett
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of North Shore Realty Advisors, Dan Pouladian; North Shore Realty Advisors, Sara Pouladian
Add your commute
LISTING UPDATED: 04/01/2024 03:20 PM

Property Details for 721 Broadway

StatusUnder Agreement
MLS #73203453
Days on Market42
Taxes$25,053 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1910
CountySuffolk County

Location

Listing Courtesy of North Shore Realty Advisors, Dan Pouladian; North Shore Realty Advisors, Sara Pouladian
Add your commute

Building Information for 721 Broadway

Stories6Residences13Year Built1910Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$23,781 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,693

Property Taxes

$2,088

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 721 Broadway

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School
  • Living Area: 10268.0
  • SqFt with Basement: No
  • Total Units: 13
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Partial
  • Num of Baths: 13.0
  • Num of Full Baths: 9
  • Num of Half Baths: 4
  • Bathrooms Total Decimal: 11.00
  • Bathrooms Total Integer: 13
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
  • Roof Material: Shingle, Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: All leases except one residential unit
Tax Information
  • Tax ID: M:M0 B:02 L:000107,484199
  • Assessments: $2,186,100
  • Book: 78258
  • Tax Year: 2024
  • Zoning: BD
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Electricity: $2,400.00
  • GOI: $339,900.00
  • Insurance: $12,000.00
  • GRE: $53,996
  • MGF: $16,975
  • MSE: $3,250
  • RME: $4,500
  • NOI: $260,785.00
  • Operating Expense: $53,996.00
  • WSE: $5,900.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $28,325.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 1.5
  • Other Agent Compensation: 0

Property History for 721 Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 721 Broadway

Taxable ValueLand$819,000Additions$1,367,100Total$2,186,100
Home Facts
Baths12.5Total Finished SqFt10,268 SqFtAbove Grade Finished SqFt10,268 SqFtUnfinished Basement SqFt2,635 SqFtStories3Lot Size4,792 SqFtStyleOffice BuildingYear Built1910ZoningBDCountyMIDDLESEXAPNEVER M:M0 B:02 L:000107

Schools near 721 Broadway

This home is within Chelsea School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 5 to 8
Public - 1 to 4
Rating
School
Distance
Clark Avenue School
Public5 to 8

Chelsea High School
Public9 to 12

William A Berkowitz Elementary School
Public1 to 4

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.

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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 North Shore Realty Advisors, Dan Pouladian; North Shore Realty Advisors, Sara Pouladian

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.