CARE FREE INVESTMENT PROPERTY - OWNER CLEARS $93,000 NET INCOME PER YEAR!!! !!! Great income producing property to be sold with a long term tenant in place , 9+ year, NNN lease , monthly NET rent of $7,750. Tenant is fully responsible for all of the maintenance and repairs cost, tenant paying all utilities, real estate taxes and home insurance. Property is operating as a Sober Home Business for over 15 Years. Featuring 3 living levels + commercial offices at partially finished basement. Total of 14 rooms, 9 bedrooms, 3 bathrooms, sprinkler system, 4 car parking, full size basement, large yard,... . MAY BE SOLD AS PACKAGE WITH 190 SHUTE ST separately listed for $829,900. SOBER HOME BUSINESS IS NOT INCLUDED IN SALE , REAL ESTATE ONLY FOR SALE WITH TENANT IN PLACE FOR NEXT 9 YEARS
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Last Updated: April 2nd, 2025 at 4:23am
Gross Income: $93,000
Gross Expenses: $10,372
Net Income Calc: $82,628
CAP Rate: 6.89%
Annual Expenses for 5 Mason St, Everett MA 02149
Total Gross Expenses (Calculated)$10,372/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$10,372
Annual Income & Unit Breakdown for 5 Mason St, Everett MA 02149
Total Gross Income (Calculated)$93,000
Unit 1
Rental Income7750
LeaseY
Bedrooms9
Bathrooms9 Full
Floor0
Levels in Unit4
HeatingNo
Rent Includes
General Information for 5 Mason St, Everett MA 02149
Listing ID73340630
Property TypeMulti Family / 2 Family
Price$1,199,000 ($269.02/SqFt)
Style
CityEverett
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total4,457 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking4
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor Space
ZoningDD
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 5 Mason St, Everett MA 02149
Disclosures for 5 Mason St, Everett MA 02149
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosureestimated from public records, buyers to do their
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$93,000
Total Net Income By Broker$93,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 5 Mason St, Everett MA 02149
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 5 Mason St, Everett MA 02149