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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 3 |
| Living area | 3,555 sqft |
| Lot size | 3,650 sqft |
| Year built | 1913 |
| Price / sqft | $412 |
| County | Middlesex |
| MLS # | 73574027 |
Listing status
| Days on market | 4 days |
| Listed on | September 9, 2026 |
Taxes & financials
| Annual property tax | $14,348 |
| Tax year | 2026 |
| Assessed value | $1,136,900 |
| Zoning | DD |
| Gross income (actual) | $114,600/yr |
| Net operating income (actual) | $114,600/yr |
| Total actual rent | $9,550/mo |
Building & lot
| Stories | 3 |
| Total rooms | 13 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Off Street |
| Foundation | Stone |
| Roof | Shingle |
| Flooring | Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Everett →
Listing courtesy of Rise Signature Homes — The Pezzano Group. Listing data © MLS PIN.
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Questions & answers
Answered from the listing data and public map data.
How many units does 197 Vine St, Everett MA 02149 have?
It is a 3-unit multi-family property with 3,555 sqft of living area, built in 1913.
How long was 197 Vine St, Everett MA 02149 on the market before it sold?
197 Vine St, Everett MA 02149 sold after about 54 days on the market (listed September 9, 2026, closed November 2, 2026).
What is the price per unit?
At a list price of $1,500,000 across 3 units, that works out to roughly $500,000 per unit.
What are the property taxes on 197 Vine St, Everett MA 02149?
Annual property taxes are $14,348 (2026), on an assessed value of $1,136,900.
What is the price per square foot?
At $1,500,000 for 3,555 sqft, that's about $412 per square foot.
Is there parking?
3 total parking spaces (off street).
Where is this property located?
197 Vine St, Everett MA 02149 is in Everett, Middlesex County, MA 02149.
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