175 Hancock StreetEverett, MA 02149MLS Number 72966887

  • Price: $1,595,000
  • Est. Mortgage of $/month
  • 120 Days on Market
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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149175 Hancock Street Everett MA 02149
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  • 9Bedrooms
  • 0.21Acreage
  • 5Bathrooms
  • 1900Year Built
175 Hancock Street is a three-story building containing five units consisting of one (1) 4-Bedroom/1 Bathroom unit, one (1) 2-Bedroom/1-Bathroom unit and three (3) 1-Bedroom/1-Bathroom units in 5,237 square feet of living area in 8,078 square feet of total gross area on a large, 0.21-acre corner lot. Majority of units renovated and has off-street parking for up to 7 cars. Landlord is responsible for gas heat and hot water while the tenants are responsible for their own electricity. The current rents at 175 Hancock are below market allowing for an investor to drive income by bringing the rents up to market. The property also offers investors the opportunity to increase rents through programmatic upgrades to the unrenovated units. Public transportation is readily available on Hancock Street with MBTA buses providing regular service to the Sullivan Square, Malden Center and Welli1ngton stations on the MBTA’s Orange Line. 6.18% CAP on Current Income. Upside in Rents.
Listed by John Pentore and Dennis Kelleher of Horvath & Tremblay

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-844-9371
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Gross Income $128,400
  • Lot Features Corner Lot
  • Mls StatusActive
  • Parcel Number 479056

Location

  • Address175 Hancock Street
  • Building Number175
  • CountyMiddlesex
  • StateMA
  • StreetHancock Street
  • TownEverett
  • Zip02149

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Appliances IncludedGas Water Heater

Other

  • Date Listed04/14/2022
  • Farm Land Area Units Square Feet
  • View Count4

Tax Information

  • Tax Assessed Value $1,109,200
  • Tax Year 2022
  • Taxes$11,491

Basic Information

  • List Price$1,595,000
  • MLS Number72966887
  • Modification Date08/06/2022
  • Property SubType5+ Family - 5+ Units Up/Down

Property

  • Acreage0.21

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 5,237
  • Lot Size Square Feet 9,104
  • Lot Size Units Acres
  • Square Feet5,237

Parking

  • Parking Spaces5

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms9
  • Full Bath5

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Garage Spaces
  • Rooms19
  • Stories9
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records
Listed by John Pentore and Dennis Kelleher of Horvath & Tremblay

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

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