Property Details
Basic Information
- Property SubType: 3 Family - 3 Units Up/Down
- MLS Number: 73590601
- Mls Status: New
- List Price: $779,000
- Date Listed: 10/14/2026
- Units: 3
- Description: Excellent opportunity to own a three unit multifamily property in Everett. 398 Ferry St features a current rent roll of approx. $5,800 per month and offers over 2,100 sq. ft. of living space. All three units are rented on a TAW basis, offering flexibility and the potential to increase rental income. Each unit features a 2 bed / 1 bath layout. Additional features include a common yard, one furnace installed new last year, the other two approximately 5 years old, water heaters updated within the past five years, and recently updated rear porches and exterior egress stairs. Conveniently located near Encore Boston Harbor, the property offers easy access to the city, major highways, public transportation, shopping, dining, and entertainment. Everett continues to experience investment and redevelopment, including plans for the proposed New England Revolution soccer stadium, adding to the areaās potential for future growth. This is a compelling opportunity for investors seeking to expand their portfolio in the Greater Boston market, as well as owner occupants seeking to live in one unit while generating rental income from the other two.
Building
- Acreage: 0.08
- Square Feet: 2,114
- Year Built: 1900
- Zoning: BD
- Stories: 3
- Rooms: 13
- Roof: Shingle
- Foundation: Stone, Brick/Mortar
Location
- County: Middlesex
- Town: Everett
Finance
- Taxes: $9,398
Interior Features
Bedrooms
- Bedrooms: 6
Bathrooms
- Bathrooms: 3
- Full Baths: 3
Basement
- Basement: Bulkhead, Concrete, Unfinished
Community
Amenities
- Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, University
- Other Amenities: Basement, Tennis