398 Ferry St, Everett MA 02149

Everett, MA 02149
$779,000
Est. $4,922/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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6
Beds
3
Baths
2,114
Sq Ft
$368
Price/Sq Ft
0.08
Acres
1900
Year Built
New today
Time on Market
For Sale Open House Listed Oct 14, 2026 • MLS# 73590601 Copied! • Updated Oct 15, 2026

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Open House Schedule

18
Oct
Sunday, October 18
12:00 PM - 1:30 PM EDT
17
Oct
Saturday, October 17
11:00 AM - 12:30 PM EDT

About this home

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 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.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 14, 2026
$779,000
Original listing
Agent: Chloe Tassone Office: CityRoots Realty LLC

Tax History

Year Taxes Assessment
2026 $9,398 $744,700

Financial Details

Annual Property Tax
$9,398
Tax Year 2026
Assessed Value
$744,700

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 2,114 sq ft
Lot Size 0.08 acres
Stories 3
Bedrooms 6
Full Baths 3
Total Rooms 13

Investment Metrics

Units 3
Unit 1 Rent $1,850/mo · N
Unit 2 Rent $1,900/mo · N
Unit 3 Rent $2,025/mo · N
Total Monthly Rent $5,775/mo
Gross Income $69,300
Net Operating Income $69,300
Cap Rate 8.90%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Bulkhead, Concrete, Unfinished
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Deck - Wood
Features On Street
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,398
Assessed Value $744,700
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint None, Certified Treated
Seller Disclosures State Records Indicate All Three Units Are Certified Deleaded. Seller Is Unable To Locate The Original Letter Of Compliance For Unit 3. Buyer To Conduct Due Diligence.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
2,114 sq ft
Total Rooms
13
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Bulkhead, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Utilities & Systems

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck - Wood
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: On Street

Special Features

View: Yes
View Type: City View(s)
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, University

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $783
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

398 Ferry St, Everett MA 02149

Everett, MA 02149

Listing Information

Listing Agent Chloe Tassone
Listing Office CityRoots Realty LLC
Office Phone 315-944-7440
Agent MLS ID CN244737
Office MLS ID AN9450
Listing Data Updated Oct 15, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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