SoldMay 1, 1998

Listed by Mingfei Zheng from Realty Premiere

55 Forest Ave, Everett, MA, 02149

$184,900

5
5
2551 sq. ft.
4622 sq. ft.

MultiFam

Sold: May 1, 1998

What's around 55 Forest Ave

About this property

This property is a tremendous opportunity for an investor. There are five units: each unit includes one bedroom, living room, kitchen and full bathroom. There are 5 separate electric meters and one common area electric meter. Four units are vacant. Unit # 5 is rented. Current rent for the third floor unit (unit # 5) is well below market rate and its tenant has consistently paid rent. The property has a private driveway for five cars and is in a perfect location with easy access to the Encore Casino, highway, local park, hospital, and schools. With the ongoing development of the Encore Casino and resort project, the demand for housing in Everett is plentiful. A majority of the units are freshly painted and newly carpeted. Potential for condo conversion. Can't miss an excellent investment opportunity!

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