398 Ferry St
$779,000
6
Beds
3
Baths
2,114
Sqft
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$779,000
6
Beds
3
Baths
2,114
Living Area
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Property Description
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.
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Highlights
- Has View: Yes
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Levels: 3
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 13
- Status: Active
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Additional Details
- Basement: Bulkhead, Concrete, Unfinished
- Roof: Shingle
- Total Number of Units: 3
- Year Built Details: Actual
- Zoning: Bd
- Foundation: Stone, Brick/Mortar
- SqFt Source: Public Record
- View: City View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, University
- Parking Features: On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $744,700
- Taxes: $9,398
- Tax Year: 2026
- Total Rent: $5,775
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of CityRoots Realty LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.