Sold Aug 5, 2026
$738,000About this home
Excellent opportunity to own a fully de-leaded 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.
Listing last checked: Listing updated:
Listed by Chloe Tassone · CityRoots Realty LLC · MLS #73590601
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Details at a glance
Interior2 property facts
- Rooms
- 13
- Basement
- Yes · Bulkhead, Concrete, Unfinished
Building4 property facts
- Style
- 3 Family - 3 Units Up/Down
- Year built
- 1900
- Foundation
- Stone, Brick/Mortar
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.08 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- BD
Financial2 property facts
- Annual taxes
- $9,398
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $779,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,722 / monthAdjust
- Principal & interest
- $3,939
- Property tax
- $783
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $9,398. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add 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 $805,532
Estimated range $690,754–$920,311.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisComparable properties 1 supplied
Photo-based condition insights
Overall presentation: average
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About 398 Ferry St
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