536 Broadway - Apartments FOR SALE


Everett, MA 02149- Downtown Everett
$5,980,000 USD
857-355-2524
536 Broadway, Everett, MA for Sale
$5,980,000 USD
Apartments - FOR SALE
1/23
null | 6.13% Cap Rate

536 Broadway
Everett, MA 02149
Downtown Everett


OVERVIEW

ATTENTION INVESTORS! Fully gut renovated in 2024, this freestanding 15-unit brick is all-electric and fully stabilized with a gross annual income of $468,564. Unit mix: 7 two-beds, 6 one-beds, 1 loft, and 1 studio, totaling 22 beds & 22 baths. Each unit features separate Heat/AC, H/W, & in-unit laundry. Modern finishes include stainless steel appliances, quartz countertops, LVT flooring, & porcelain-tiled showers with glass enclosures. Equipped with 800 amp electrical service, energy-efficient TPO roof, intercom system, security cameras, & high-speed internet to units. This classical revival-style is a rare find. Centrally located in a vibrant area, residents enjoy easy access to restaurants & shops. Free shuttles to the Market & Casino, while Boston & the airport are just minutes away. The bus stop & bike share are located next to the building. A turnkey property offering strong cash flow, high occupancy, low maintenance, & long-term value in a top Greater Boston submarket.

FOR SALE DETAILS

PRICE

$5,980,000 USD

PRICE/SF

$525 USD /SF

# OF UNITS

15

PRICE/UNIT

$398,667

CAP RATE

6.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,627 SF

ZONING

BD

APN/PARCEL ID

EVER-000000-C000005-000098

ASK ABOUT THIS PROPERTY

Melody Golestani536 Broadway Street LLCMore Info
857-355-2524

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Melody Golestani536 Broadway Street LLCMore Info
857-355-2524

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.