Address
16 Laurel Street Everett, MA
Price
$ 14,000,000
Property Attributes
  • ML#72769444
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CityEverett
  • Zip02149
  • Style5+ Family - 5+ Units Up/Down
  • Year Built2020
  • Taxes12448
  • Price$ 14,000,000
  • Bedrooms48
  • Full Bathrooms48
  • Half Bathrooms0
  • Sqr Footage24509
Listing Provided Courtesy Of:
Christopher Sower with Colliers International.
Property Description

16 Laurel is a 26-unit, newly constructed luxury apartment community located in Everett, MA. The recently developed building consists of an ideal mix of 1 and 2-bedroom upscale apartment units. The property is ideally located within an Opportunity Zone allowing for investors with capital gains tax liabilities to receive favorable tax treatment. 16 Laurel is located approx. 4 miles from downtown Boston and less than a mile from Everett’s emerging “Lower Broadway” corridor, which is home to the recently opened Encore Boston Harbor Resort and Casino, one of Greater Boston’s largest employers (5,500 employees). This transit-oriented site offers convenient accessibility with a bus station only steps away at the corner of Main and Tileston, providing direct routes to the MBTA Orange Line’s Wellington Station and Sullivan Station. 16 Laurel is also near Assembly Row which contains 1.6 million SF of office/lab space in addition to multifamily, lodging, and 500,000 SF of retail/entertainment.

Price History
12/28/2020 Listed $14,000,000

General Features

Exterior Features Porch, Deck
Full Baths 48
Levels 2
Parking Spaces 45
Sewer Other (See Remarks)
Square Feet 24509.00
State Massachusetts
Unit 1 Rent 2395
Unit 2 Rent 2695

Interior Features

Bedrooms (1) 1
Bedrooms (2) 2
Total Bedrooms 48
Total Number of Units 26

Exterior Features

Foundation Other (See Remarks)
Garage Spaces 11
Lot 134 &
Lot Description Other (See Remarks)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 02149

Price
AVG $2.02M
$14M
Taxes
AVG $6,903
$12,448
Visits
AVG 39
41
Year Built
AVG 1924
2020

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