Rare Development Opportunity on 1/4 acre lot - Approved 6 Unit Conversion . A Truly rare find, this beautifully maintained New England Colonial Revival dwelling is now available and approved for up to a 6 unit conversion offering approximately 6,800 sq ft of potential total living space. Situated in a desirable location in the heart of Everett just steps to the rapid bus line and views of the Boston sky line. This stately property combines timeless charm with the modern development potential. Whether you're an experienced builder or an investor seeking your next high-yield project, this one is ready to go with its flexible layout and endless opportunity in a sought after development area. Don't miss your chance to bring this exceptional project to life and schedule your private showing with today!!!
| Units | 6 |
| Living area | 4,365 sqft |
| Lot size | 10,995 sqft |
| Year built | 1897 |
| Price / sqft | $298 |
| County | Middlesex |
| MLS # | 73388819 |
More about investing in Everett →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 6-unit multi-family property with 4,365 sqft of living area, built in 1897.
At a list price of $1,499,000 across 6 units, that works out to roughly $249,833 per unit.
At $1,499,000 for 4,365 sqft, that's about $298 per square foot.
38 Pleasant St, Everett MA 02149 is in Everett, Middlesex County, MA 02149.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.