197 Vine St, Everett MA 02149

Everett, MA 02149
$1,500,000
Est. $8,980/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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7
Beds
5
Baths
3,555
Sq Ft
$422
Price/Sq Ft
0.08
Acres
1913
Year Built
3
Parking
11 hours 13 minutes
Time on Market
For Sale Open House Listed Sep 9, 2026 • MLS# 73574027 Copied! • Updated Sep 9, 2026

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Open House Schedule

13
Sep
Sunday, September 13
11:00 AM - 12:30 PM EDT
12
Sep
Saturday, September 12
11:00 AM - 1:00 PM EDT

About this home

A standout three-family offering exceptional quality, thoughtful design, and strong investment appeal. Extensively renovated in 2022, 197 Vine St features three condo-quality residences with modern finishes, open floor plans, and a level of craftsmanship rarely found in a traditional multifamily property. Major systems and utilities were updated as part of the renovation, and the building is fully sprinklered throughout. Each unit offers central air conditioning, in-unit laundry, outdoor space, and well-appointed kitchens and baths. The property also includes three off-street parking spaces, and common yard. The quality and functionality of the renovations have helped create highly desirable rental units capable of attracting strong tenants and premium rents. Conveniently located minutes from Routes 1 and 16 and approximately two miles from Encore Boston Harbor, 197 Vine St presents an opportunity to acquire a substantially updated, income-producing property.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 9, 2026
$1,500,000
Original listing
Agent: The Pezzano Group Office: Rise Signature Homes

Tax History

Year Taxes Assessment
2026 $14,348 $1,136,900

Financial Details

Annual Property Tax
$14,348
Tax Year 2026
Assessed Value
$1,136,900

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1913
Living Area 3,555 sq ft
Lot Size 0.08 acres
Stories 3
Bedrooms 7
Full Baths 5
Total Rooms 13

Investment Metrics

Units 3
Unit 1 Rent $3,250/mo · Y
Unit 2 Rent $3,600/mo · Y
Unit 3 Rent $2,700/mo · Y
Total Monthly Rent $9,550/mo
Gross Income $114,600
Net Operating Income $114,600
Cap Rate 7.64%
Heating None
Cooling None
Flooring Hardwood
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street
Total Spaces 3
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $14,348
Assessed Value $1,136,900
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures All Three Units Are Leased Through 8/31/2027. Property Was Completely Renovated In 2021. Photo Were Taken Previously When Vacant. Some Photos Virtually Enhanced.
Exclusions Tenants Belongings.
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1913
Bedrooms
7
Full Bathrooms
5
Living Area
3,555 sq ft
Total Rooms
13
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Hardwood
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1913
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street
School District
Everett School District local
C-
School Safety 2024-25
1.8% Average
1.7% Suspensions 2.5% In-School 0.1% Emergency
3.7% below state avg
E

Elementary Schools

9 schools
C
George Keverian School
0.2 mi | #284 of 352 | Score: 33.1
Improved 10 spots from last year
-25.1 below state avg
836 students Moderate
Grades K-08
A
Pioneer Charter School of Science
0.3 mi | #42 of 346 | Score: 68.5
Improved 48 spots from last year
+10.3 above state avg
786 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades K-12
Devens School
0.5 mi
32 students Diverse
Diverse Student Body
Grades K-12
C
Sumner G. Whittier School
0.6 mi | #279 of 352 | Score: 34.0
Improved 27 spots from last year
-24.2 below state avg
583 students Moderate
Rising School
Grades K-08
St. Anthony Elementary School
0.7 mi
Grades PK-08
C
Lafayette School
1.1 mi | #276 of 352 | Score: 34.3
Improved 33 spots from last year
-23.9 below state avg
978 students Diverse
Rising School
Grades K-08
C-
Madeline English School
1.2 mi | #312 of 352 | Score: 30.7
Improved 29 spots from last year
-27.6 below state avg
683 students Moderate
Rising School
Grades K-08
Webster Extension
0.5 mi
200 students Diverse
Diverse Student Body
Grades PK
Adams School
1.0 mi
144 students Diverse
Diverse Student Body
Grades PK
H

High Schools

1 school
C+
Everett High School
0.6 mi | #228 of 346 | Score: 49.8
Improved 47 spots from last year
-8.4 below state avg
2,210 students Diverse
17 sports • 1,298 athletes
Rising School Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,196
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

197 Vine St, Everett MA 02149

Everett, MA 02149

Listing Information

Listing Agent The Pezzano Group
Listing Office Rise Signature Homes
Office Phone 617-383-5659
Agent MLS ID TM346389
Office MLS ID AN8910
Listing Data Updated Sep 9, 2026 1:50 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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