About this home
7 Unit Development Opportunity - Prime Everett Location (Boston Side). Rare opportunity to acquire a 7 unit development project in a highly desirable location on the Boston side of Everett. The proposed project consists of seven (7) one-bedroom units in a strong rental and resale market. Positioned steps from the Riverwalk and within walking distance to Encore Boston Harbor, this property offers excellent accessibility to Boston, major highways, public transportation and area amenities. Ideal for buy and hold investors seeking stable rental income, developers pursuing a condo sell-off strategy or portfolio expansion in a high demand submarket. Strong fundamentals, prime positioning, and flexible exit strategies make this a compelling investment opportunity.
Listing last checked: Listing updated:
Listed by Alexander Colarusso · Colarusso Realty · MLS #73533292
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Details at a glance
Interior1 property facts
- Basement
- Not reported
Building4 property facts
- Style
- 5-9 Family
- Year built
- 2026
- Parking
- 6
- Foundation
- Concrete Perimeter
Land & utilities5 property facts
- Lot size
- 0.11 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- 0
Financial1 property facts
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $849,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,293 / monthAdjust
- Principal & interest
- $4,293
- Property tax
- Not entered
- Insurance
- Not entered
- HOA
- Not entered
Annual property taxes were not supplied. HOA amount was not supplied.
Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $1,174,137
Estimated range $998,909–$1,349,365.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: poor
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About 22-26 Elm Rd
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