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You are here:
Home Everett Multi-Family Homes for Sale

175 Hancock St Everett, MA 02149

20 Days on Boston Pads
18 Photos
$1,595,000
5 Unit
9 Beds
5 Baths
5237 SQFT
0.21 Acre
175 Hancock St
Everett, MA 02149

Property Description

Attention investors and buyers !! Great opportunity to own a large 5-unit rental property on a corner lot. The property is at a 7% cap rate on current income. The building consists of one (1) 4-Bedroom/1 Bathroom unit, one (1) 2-Bedroom/1-Bathroom unit and three (3) 1-Bedroom/1-Bathroom units. 4 Units De-Leased. Majority of units renovated and has off-street parking for up to 7 cars. Public transportation is readily available on Hancock Street with MBTA buses providing regular service to the Sullivan Square, Malden Center and Wellington stations on the MBTA’s Orange Line.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 9
  • Total Bedrooms: 9
  • Total Full Baths: 5
  • Amenities: Public Transportation, Shopping
  • Basement Features: Bulkhead, Full
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Range, Refrigerator, Washer & Dryer Hookup
  • Common Heating: Active Solar, Electric Baseboard, Hot Water Radiators

Financial

  • APOD Available: Yes
  • Gross Operating Income: 146400
  • Gross Expenses: 17732
  • Electric Expenses: 532
  • Water/Sewer: 3425
  • INSC: 6875
  • Net Operating Income: 112525

Utilities

  • Heat Zones: 1
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Heat
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Heat
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Heat
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Heat
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73375206
  • Last Updated: 06/02/25

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
05/18/2025Active$1,595,000$305MLSPIN
05/14/2025New$1,595,000$305MLSPIN
06/19/2023Sold$1,475,000$282MLSPIN
05/05/2023Under Agreement$1,535,000$293MLSPIN
04/14/2023Active$1,535,000$293MLSPIN
04/10/2023Price Change$1,535,000$293MLSPIN
01/28/2023Active$1,545,000$295MLSPIN
01/24/2023New$1,545,000$295MLSPIN
01/14/2023Expired$1,545,000$295MLSPIN
01/11/2023Temporarily Withdrawn$1,545,000$295MLSPIN
10/31/2022Under Agreement$1,545,000$295MLSPIN
10/07/2022Active$1,545,000$295MLSPIN
10/03/2022Price Change$1,545,000$295MLSPIN
09/17/2022Active$1,595,000$305MLSPIN
09/13/2022New$1,595,000$305MLSPIN
08/13/2022Expired$1,595,000$305MLSPIN
07/29/2022Active$1,595,000$305MLSPIN
07/25/2022Back on Market$1,595,000$305MLSPIN
07/13/2022Under Agreement$1,595,000$305MLSPIN
07/05/2022Back on Market$1,595,000$305MLSPIN
06/27/2022Under Agreement$1,595,000$305MLSPIN
06/17/2022Active$1,595,000$305MLSPIN
06/13/2022Price Change$1,595,000$305MLSPIN
05/27/2022Active$1,675,000$320MLSPIN
05/27/2022Active$1,595,000$305MLSPIN
05/23/2022Price Change$1,675,000$320MLSPIN
05/02/2022Active$1,695,000$324MLSPIN
05/02/2022Active$1,675,000$320MLSPIN
04/28/2022Price Change$1,695,000$324MLSPIN
04/18/2022Active$1,725,000$329MLSPIN
04/18/2022Active$1,695,000$324MLSPIN
04/14/2022New$1,725,000$329MLSPIN

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View Breakdown

Map & Resources

Webster Extension

Public Elementary School, Grades: PK

0.38mi

Ferryway School

Public Elementary School, Grades: K-8

0.45mi

Bella Rosa Cafe and Lounge

Bar

0.44mi

El Houriya Cafe

Moroccan (Cafe)

0.39mi

Nana's Pizza

Pizzeria

0.31mi

Mario's Bar & Grille

Italian Restaurant

0.38mi

Sabores Lunch

Sandwich Restaurant

0.38mi

Mr Fish & Noodle House

Chinese Restaurant

0.38mi

Montecristo

Tacos And Pupusas Restaurant

0.43mi

DiBiasi's

Sandwich Restaurant

0.43mi

Milly's Friends Grooming

Pet Grooming

0.43mi

Everett Fire Department

Fire Station

0.3mi

Swan Street Park

Park

0.12mi

Central Avenue Playground

Municipal Park

0.14mi

Whittier Playground

Park

0.15mi

Henry Valpey Park

Municipal Park

0.16mi

Glendale Street Park

Park

0.26mi

Hancock Street Park

Municipal Park

0.3mi

Baldwin Avenue Park

Municipal Park

0.46mi

Main Street Auto

Gas Station

0.3mi

Malden Cleansing

Laundry

0.4mi

Members Plus Credit Union

Bank

0.43mi

Family Barber Shop

Hairdresser

0.38mi

Adeline Hair Salon

Hairdresser

0.38mi

Angel Nails Salon

Nail Salon

0.43mi

Colocho's

Hairdresser

0.43mi

Javi's Barber Shop

Hairdresser

0.43mi

Kipo's Market

Convenience

0.19mi

7-Eleven

Convenience

0.4mi

Kim's Convenience

Convenience

0.43mi

McKinnon's Market & Super Butcher

Supermarket

0.43mi

Hancock St @ Tappan St

97

0.09mi

Hancock St @ Central Ave

97

0.09mi

Hancock St @ Belmont St

97

0.11mi

Hancock St @ Belmont St

97

0.11mi

62 Belmont St opp Kinsman St

97

0.17mi

Belmont St @ Kinsman St

97

0.18mi

Hancock St @ Glendale Rd

97

0.22mi

Hancock St @ Dean St

97

0.22mi

Seller's Representative: Eric Paul, J. Borstell Real Estate, Inc.
MLS ID#: 73375206

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-06-02 16:54:00

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