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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.

More Info

Basic Information

  • Gross Income $69,300
  • Mls StatusNew
  • Parcel Number M:00B0 B:0002 L:000068,478335

Tax Information

  • Tax Assessed Value $744,700
  • Tax Year 2026
  • Taxes$9,398

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Basic Information

  • List Price$779,000
  • MLS Number73590601
  • Modification Date10/15/2026
  • Property SubType3 Family - 3 Units Up/Down

Location

  • Address398 Ferry Street
  • Building Number398
  • CountyMiddlesex
  • StateMA
  • StreetFerry Street
  • TownEverett
  • Zip02149

Building

  • BasementBulkhead, Concrete, Unfinished
  • Building Area Units Square Feet
  • FoundationStone, Brick/Mortar
  • Levels 3
  • Patio And Porch Features Deck - Wood
  • Rooms13
  • Stories3
  • Units3
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.08

Exterior

  • Fencing Fenced
  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,114
  • Lot Size Square Feet 3,489
  • Lot Size Units Acres
  • Square Feet2,114
  • View YN Yes

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Tennis Court(s)
    • University
  • Other AmenitiesBasement, Tennis

Other

  • Date Listed10/14/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Chloe Tassone of CityRoots Realty LLC

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