Excellent opportunity to own a fully de-leaded three unit multifamily property in Everett. 398 Ferry St features a current rent roll of approx. $5,800 per month and offers over 2,100 sq. ft. of living space. All three units are rented on a TAW basis, offering flexibility and the potential to increase rental income. Each unit features a 2 bed / 1 bath layout. Additional features include a common yard, one furnace installed new last year, the other two approximately 5 years old, water heaters updated within the past five years, and recently updated rear porches and exterior egress stairs. Conveniently located near Encore Boston Harbor, the property offers easy access to the city, major highways, public transportation, shopping, dining, and entertainment. Everett continues to experience investment and redevelopment, including plans for the proposed New England Revolution soccer stadium, adding to the area’s potential for future growth. This is a compelling opportunity for investors seeking to expand their portfolio in the Greater Boston market, as well as owner occupants seeking to live in one unit while generating rental income from the other two.
398 Ferry St, Everett MA 02149
Everett, MA 02149
- Property type
- 3 Family - 3 Units Up/Down
- Status
- Active
- Year built
- 1900
- Lot size
- 0.08 acres
- Living area
- 2,114 sf
- MLS#
- 2e8343b5465c40f18df88dda98d3fd2f
- Beds · Baths
- 6 · 3
Everett, MA.
Everett sits within Greater Boston, in Massachusetts, and keeps the character of that stretch of the map — its streets, shoreline and architecture read as of a piece with the towns around it. Our advisors know the market here street by street and can speak to how a particular address sits within it.
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Listings updated Oct 20, 2026



