Description
LOCATION! LOCATION! LOCATION! Revere Multifamily Investment: Six-Unit Income Generator, A rare find in this market! This six-unit multifamily property delivers immediate income potential in a high-demand rental market. Located in Revere, just miles north of Boston, the property is situated near Route 1 and Route 16 w/ direct access to bus lines and Blue Line, positioning tenants for easy commuting. Grocery stores and retail shops nearby enhance rental appeal.The unit mix maximizes income diversity: one spacious three-bedroom, two-bath unit anchors the property, paired with a three-bedroom, one-bath unit in addition to 4 one-bedroom units. Currently occupied with one unit vacant, the property demonstrates strong rental demand characteristic of this community market. Well-maintained and move-in ready. Fifty-plus years under single ownership reflects stability and proven management. This turnkey, established income stream is a great addition to your portfolio. Group showings only.
Details
| MLS # | 73569825 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1910 |
| Days On Site | 40 |
| Listing Provided By | Leading Edge Real Estate | Michelle Joslin-Chaves |
Features
| Zoning | com 5+res |
|---|---|
| Acreage | 0.11 |
Taxes
| Tax Annual Amount | 10724 |
|---|---|
| Tax Year | 2025 |
Location
| Senior Community Yes / No | No |
|---|
Area Information
| State | MA |
|---|---|
| County | Suffolk |
| City | Revere |
| Zip Code | 02151 |
| Area | Suffolk |
| Listing VS Median (in 02151) | |
Price: $1,495,000 low | high Med: $451,950 On site: 40 low | high Med: 380 | |
Market Activity 02151
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Learn More About This Property
| State | MA |
|---|---|
| County | Suffolk |
| City | Revere |
| Zip Code | 02151 |
| Area | Suffolk |
| Listing VS Median (in 02151) | |
Price: $1,495,000 low | high Med: $451,950 On site: 40 low | high Med: 380 | |
 | $1,495,00019 Fernwood AveRevere, MA 02151 |