BEDS10
BATHS7 full
SQUARE FEET4,752
MLS#73559548
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Fenced: Yes
Lot Size: 0.11 Acres
Stories: 5.0
Taxes: $10,724
Year Built: 1910
Feature Descriptions
Building Area Total: 4752
Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, 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: 38
Dwelling Type: 5-9 Family
Electric: Circuit Breakers
Fencing: Fenced/Enclosed
Flooring: Tile, Vinyl, Carpet, Hardwood
Open Parking Y/N: Yes
Parcel Number: 1376506
Parking Features: On Street
Parking Total: 0
Patio And Porch: Porch, Enclosed, Deck
Rooms Total: 23
Sewer: Public Sewer
Units: 6
Water: Public
Waterfront Features: Ocean, Beach Ownership(Public)
Listed By / Shown By
Listed By
Agency Name: Leading Edge Real Estate
Agent Name: Michelle Joslin-Chaves
Agency Phone: 781-979-0100
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,656.93 per month $3,327.22 Principal & Interest $893.67 Property Tax $436.04 Homeowner's Insurance
19 Fernwood Ave | MLS# 73559548
This multi-family property located at 19 Fernwood Ave, Revere, MA 02151 is currently listed for sale with an asking price of $1,495,000. Search Revere real estate on www.masiellogrouprealestate.com today.