BEDS9
BATHS6 full
SQUARE FEET4,180
MLS#73525052
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Presenting a rare opportunity to acquire a fully occupied 6-unit multifamily property just moments from Revere Beach. Situated on a level lot with two driveway entrances and ample off-street parking, this investment offers strong in-place income with future upside. Current monthly rent roll is $12,100 with as-is pro forma rents projected to be at least $14,400/month, plus there is an approximately $2,000 annually in laundry income. Property features potential expansion for 2 additional units on the top level. Conveniently located near public transit with train access to Boston, major highways, shopping, dining, and a playground 1 block away on the same street. Excellent opportunity for investors seeking cash flow, appreciation, and long-term value add potential. Sellers reserve the right to accept an offer at anytime.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $11,431
Year Built: 1970
Feature Descriptions
Building Area Total: 4180
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 10
Dwelling Type: 5-9 Family
Electric: Circuit Breakers
Exterior: Frame
Lot Features: Cleared, Level
Open Parking Y/N: Yes
Parcel Number: 1366599
Parking Features: Paved Drive, Off Street
Parking Total: 7
Patio And Porch: Porch
Rooms Total: 21
Sewer: Public Sewer
Units: 6
Water: Public
Waterfront Features: Ocean, Walk to,1/10 to 3/10 To Beach
Listed By / Shown By
Listed By
Agency Name: Three Hills Real Estate Service, LLC
Agent Name: Justin Brown
Agency Phone: 833-434-4557
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,848.60 per month $4,328.73 Principal & Interest $952.58 Property Tax $567.29 Homeowner's Insurance
120 Dolphin | MLS# 73525052
This multi-family property located at 120 Dolphin, Revere, MA 02151 is currently listed for sale with an asking price of $1,945,000. Search Revere real estate on www.masiellogrouprealestate.com today.