Active
2 Days on market
197 Vine St Everett — Photo 1 of 18

197 Vine St Everett — Photo 1 of 18

$1,500,000

197 Vine St, Everett, MA 02149

Everett, MA 02149

Beds

7

Baths

5

SqFt

3,555

Style

3 Family

Built

1913

A standout three-family offering exceptional quality, thoughtful design, and strong investment appeal. Extensively renovated in 2022, 197 Vine St features three condo-quality residences with modern finishes, open floor plans, and a level of craftsmanship rarely found in a traditional multifamily property. Major systems and utilities were updated as part of the renovation, and the building is fully sprinklered throughout. Each unit offers central air conditioning, in-unit laundry, outdoor space, and well-appointed kitchens and baths. The property also includes three off-street parking spaces, and common yard. The quality and functionality of the renovations have helped create highly desirable rental units capable of attracting strong tenants and premium rents. Conveniently located minutes from Routes 1 and 16 and approximately two miles from Encore Boston Harbor, 197 Vine St presents an opportunity to acquire a substantially updated, income-producing property.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$422/sqft
Local Avg (Everett)$370/sqft
14% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Everett, MA.

Property Details

Financials

Original Price$1,500,000
Annual Taxes$14,348

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms13
FireplacesNone
FlooringHardwood
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone
ZoningDD

Property & Lot

Acres0.08
SqFt Lot3,650
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Laundromat

Geography

Population

50,045

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$85K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

62.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: The Pezzano Group

Listing Office: Rise Signature Homes

MLS® Number: 73574027

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