7 Unit Development Opportunity - Prime Everett Location (Boston Side). Rare opportunity to acquire a 7 unit development project in a highly desirable location on the Boston side of Everett. The proposed project consists of seven (7) one-bedroom units in a strong rental and resale market. Positioned steps from the Riverwalk and within walking distance to Encore Boston Harbor, this property offers excellent accessibility to Boston, major highways, public transportation and area amenities. Ideal for buy and hold investors seeking stable rental income, developers pursuing a condo sell-off strategy or portfolio expansion in a high demand submarket. Strong fundamentals, prime positioning, and flexible exit strategies make this a compelling investment opportunity.
West Everett, located between the Malden River and the Mystic River, is a residential and industrial Everett neighborhood with triple-decker streetscapes and river-edge infrastructure. The neighborhood’s character concentrates around Broadway near Sweetser Circle, where corner markets, takeout counters, and long-running storefronts meet steady traffic and bus stops. Housing reads as practical New England—wood-frame multifamilies, compact single-family homes, and small apartment buildings on tight lots. River views and working waterfront edges shape the geography, with paths and parks threading along the Mystic. Nightlife and events cluster at nearby Encore Boston Harbor, while local staples like Katz Bagel Bakery and the Night Shift Brewing Lovejoy Wharf outpost anchor everyday routines. The pace feels grounded and commuter-oriented, with downtown Boston visible across the water.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Building area approximately 4,000 total square feet
Concrete perimeter foundation
Four stories
Exterior features
Paved driveway
Small lot (approximately 0.11 acres)
Please GPS 26 Elm Road Everett for directions
Home design
5–9 family property
Four levels
New construction / To be built (year built per public records)
Parking
Open parking available for 6 vehicles
Construction
Concrete perimeter foundation
Building listed as to be built
Utilities
Public water
Public sewer
HOA & community
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Year renovated
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Middlesex County
APN
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Basement
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Accessible
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Garage
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Last updated by owner on Jun 10, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Everett, MA • 02149
Average low and high temperatures (°F)
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22
38
23
52
34
59
43
69
53
80
64
84
68
79
63
74
59
64
49
53
39
39
26
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Mar
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Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home ranks in the top 12% for direct sun exposure in Everett. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 22-26 Elm Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More