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$779,000
Total Beds: 6 Total Baths: 3
Total Units: 3 SQFT: 2114
LOT size: 0.08 Acres
398 Ferry St
Everett, MA 02149
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Property Description

Offer deadline Tuesday 10/20 at 4pm. Excellent opportunity to own a fully de-leaded 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 area’s 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.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, University
  • Basement Features: Bulkhead, Concrete Floor, Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 69300
  • Net Operating Income: 69300

Utilities

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

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated, None
  • Warranty: No

Other Information

  • MLS ID# 73590601
  • Last Updated: 10/18/26

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Map

Seller's Representative: Chloe Tassone, CityRoots Realty LLC
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 2026-10-18 10:30:00

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