175 Hancock StreetEverett, MA 02149MLS Number 73073080

  • Price: $1,535,000
  • Est. Mortgage of $/month
  • 132 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Under Agreement
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 02149175 Hancock Street Everett MA 02149
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  • 7Bedrooms
  • 0.21Acreage
  • 5Bathrooms
  • 1900Year Built
175 Hancock Street, a 7% cap rate on current income, 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. The current rents at 175 Hancock are below market allowing for an investor to drive income by bringing the rents up to market. Public transportation is readily available on Hancock Street with MBTA buses providing regular service to the Sullivan Square, Malden Center and Wellington stations on the MBTA’s Orange Line.
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 $128,622
  • Lot Features Corner Lot
  • Mls StatusUnder Agreement
  • Parcel Number M:B0 B:06 L:000113,479056

Location

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

Property Information

  • Building Area Source Public Records
  • Living Area 5,237
  • Lot Size Square Feet 9,121
  • Lot Size Units Acres
  • Square Feet5,237

Tax Information

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

Basic Information

  • List Price$1,535,000
  • MLS Number73073080
  • Modification Date05/05/2023
  • Property SubType5-9 Family
  • Purchase Contract Date05/05/2023

Property

  • Acreage0.21

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation
  • Appliances IncludedWasher, Dryer, Gas Water Heater
  • Other AmenitiesBasement

Parking

  • Parking Features Off Street
  • Parking Spaces7

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms7
  • Full Bath5

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationStone
  • Garage Spaces
  • Rooms19
  • Stories9
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation1.75
  • Date Listed01/24/2023
  • Farm Land Area Units Square Feet
  • View Count3
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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