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Sold on 05/05/2023

175 Hancock St, Everett, MA 02149

$1,739,000

Last sold 05/05/2023 for $1.47M

  • 7

    bed

  • 5

    bath

  • 5,237

    Sqft ($282/Sqft)

Multi-family not for sale
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About 175 Hancock St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 9,121 Sqft
Movoto estimate
Rental estimate
Property description
175 Hancock Street, a 7% cap rate on current income, is a three-story building containing five units consisting of one (1) 4-Bedroom/1 Bathroom unit, one (1) 2-Bedroom/1-Bathroom unit and three (3) 1-Bedroom/1-Bathroom units in 5,237 square feet of living area in 8,078 square feet of total gross area on a large, 0.21-acre corner lot. Majority of units renovated and has off-street parking for up to 7 cars. The current rents at 175 Hancock are below market allowing for an investor to drive income by bringing the rents up to market. 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.
Listed by
Listing Agent - John Pentore
Listing Office - Horvath & Tremblay
Source: MLS Property Information Network, Inc. mls logo
MLS#73073080 • last updated 3 years ago
Movoto checked MLS Property Information Network, Inc. for data 6 minutes ago
Overview
Levels/Style 5, 5
MLS # 73073080
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 5237
Lot Size (SqFt) 9121
Lot Size (Acres) 0.21
Annual Property Tax 11491
Year Built 1900
Interior
Total # of Bathrooms 5
# Full Baths 5
Total # of Bedrooms 7
Basement Full
Total # of Rooms 19
Appliances Washer, Dryer
Exterior
Foundation Stone
Parking Desc Off Street
# Parking Spaces 7
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Middlesex
Community Features Public Transportation
Zoning DD
APN M:B0 B:06 L:000113, 479056
Directions On Corner Of Hancock St And Highland Ave
Multifamily Details
Net Operating Income 102655
Operating Expense 25967
Total Actual Rent 11050
Gross Income 128622
Lot/ Land Details
Road Frontage Public
$1.73M
Range: $1.46M-$2.01M
Last 30 days 
Rental est.: $8,317/month
Gross rent multiplier: 14.8
  • Jun 2025
    mls logo MLS # 73375206
  • Jun 26, 2025 Price Change
    $1,550,000 (-2.8%)
  • May 14, 2025 Listed
    $1,595,000 (+8.1%)
  • Jun 2023
    mls logo MLS # 73073080
  • Jun 19, 2023 Sold
    $1,475,000 (-3.9%)
  • Apr 10, 2023 Price Change
    $1,535,000 (-0.6%)
  • Jan 23, 2023 Listed
    $1,545,000
  • Oct 2022
    mls logo MLS # 73035702
  • Oct 3, 2022 Price Change
    $1,545,000 (-3.1%)
  • Sep 13, 2022 Listed
    $1,595,000
  • Jun 2022
    mls logo MLS # 72966887
  • Jun 13, 2022 Price Change
    $1,595,000 (-4.8%)
  • May 23, 2022 Price Change
    $1,675,000 (-1.2%)
  • Apr 28, 2022 Price Change
    $1,695,000 (-1.7%)
  • Apr 12, 2022 Listed
    $1,725,000 (+64.3%)
  • Dec 2019
    mls logo MLS # 72569134
  • Dec 5, 2019 Sold
    $1,050,000 (-8.7%)
  • Sep 23, 2019 Listed
    $1,150,000
  • Year Property taxes Tax assessment
  • 2025
    $16,143 +9.4%
    $1,417,300 +10.05%
  • 2024
    $14,759 +227.8%
    $1,287,900 +236.97%
  • 2023
    $4,502 -60.8%
    $382,200 -65.54%
  • 2022
    $11,491 +2.9%
    $1,109,200 -1.95%
  • 2021
    $11,166
    $1,131,300
  • 175 Hancock St
    $1.47M
  • Glendale
    $689K +3% y/y
  • 02149
    $624K +7% y/y
  • Everett
    $597K -8% y/y
No chart available
Statistics calculated by Movoto

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2/10
Everett High School
public Grades 9-12
Everett School District
Source: GreatSchools.org © 2026. All rights reserved.

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