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Open House: Sat 9/12 11:00 AM
18
$1,500,000
Total Beds: 7 Total Baths: 5
Total Units: 3 SQFT: 3555
LOT size: 0.08 Acres
197 Vine St
Everett, MA 02149
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Property Description

A standout three-family offering exceptional quality, thoughtful design, and strong investment appeal. Extensively renovated in 2022, 197 Vine St features three condo-quality residences with modern finishes, open floor plans, and a level of craftsmanship rarely found in a traditional multifamily property. Major systems and utilities were updated as part of the renovation, and the building is fully sprinklered throughout. Each unit offers central air conditioning, in-unit laundry, outdoor space, and well-appointed kitchens and baths. The property also includes three off-street parking spaces, and common yard. The quality and functionality of the renovations have helped create highly desirable rental units capable of attracting strong tenants and premium rents. Conveniently located minutes from Routes 1 and 16 and approximately two miles from Encore Boston Harbor, 197 Vine St presents an opportunity to acquire a substantially updated, income-producing property.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 5
  • Amenities: Bike Path, Highway Access, Laundromat, Park, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court

Financial

  • APOD Available: No
  • Gross Operating Income: 114600
  • Net Operating Income: 114600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1913
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73574027
  • Last Updated: 09/09/26

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Map

Seller's Representative: The Pezzano Group, Rise Signature Homes
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-09-09 15:30:00