Multi-Family for Sale: 98 Shute, Everett, MA 02149 SOLD

7 beds
2 full baths
2,730 sqft
$868,000
$868,000
98 Shute, Everett, MA 02149 SOLD
7 beds
2 full baths
2,730 sqft
$868,000
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Selling Price: $868,000
Original List Price: $849,900
Sold at 102.1% of list price
Sold Date: 03/08/2024

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Type Multi-Family
Beds 7
Total Baths 2 full baths
Square Feet 2,730 sqft
Garage Spaces 2
Lot Size 0.11 acres
Year Built 1929
City Everett
County Middlesex
MLS 73193064
Status Closed
DOM 53 days
Introducing a meticulously well-maintained turnkey investment property, with great tenants already in place! Both units are under lease contracts through August 31, 2024 producing strong market rents of 2750, and 2850 respectively, for an annual total of $67,200. Good revenue coupled with very low operating costs make this property an absolute winner. Utilities are separately billed and paid by tenants. Ample square footage, parking for 5 vehicles, and a huge basement with separate laundry for each unit, add even more value to this offering. Multiple recent improvements include refinished hardwood floors and fresh paint in both units, a new garage roof and garage doors, new kitchen appliances and washer & dryer for unit 1, and new water heater for unit 1. Both units are de-leaded. Possible room for expansion in Unit 2's un-finished attic space.

Lot & Building Features

Sewer Public Sewer
Tax Year 2024
Taxes Paid $8,522
Water Public
Foundation Stone
Full Baths 2
Parking Assigned, Stone/Gravel, Paved Drive, Paved, Off Street
Total Rooms 13
Basement Feature Concrete, Unfinished, Full
Garage Spaces 2

Price History of 98 Shute

Date Name Price Difference
01/15/2024 Listing Price $868,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Jenn Poliseno
Jenn Poliseno
Realtor
Direct: 978-430-2917
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Compass, Philip Murray
Sold by Redfin Corp., Michael Malkin
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Listing information courtesy of: Compass

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