$924,986
6
Beds
2/1
Baths
2,366
Living Area
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Property Description
Welcome to an exceptional investment opportunity in the vibrant city of Revere! This spacious multi-family home features two well-maintained units, offering a total of 6 bedrooms and 2.5 bathrooms, ideal for both owner-occupants and savvy investors. Each unit provides comfortable living space and the property includes a large yard perfect for outdoor enjoyment or future upgrades. A paved driveway offers ample off-street parking for multiple vehicles. What makes this opportunity even more exciting is the adjacent lot, which may have the potential to be buildable—unlocking even more value and possibilities for development. This property delivers strong rental income and steady cash flow, all while being just minutes from Revere Beach, public transportation, shopping, and Logan Airport. Whether you're looking to expand your investment portfolio or purchase a home with rental potential, this property checks all the boxes. Prime location, great income, and endless potential—don’t miss out!
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Highlights
- Heating: Baseboard, Natural Gas
- Parking Spots: 5
- Property Type: Multi Family
- Total Rooms: 14
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1920
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Flooring: Tile, Vinyl, Laminate
- Interior Features: Storage, Bathroom With Tub & Shower, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rb
- Basement: Walk-Out Access, Interior Entry, Unfinished
- Exterior Features: Rain Gutters, Garden
- Foundation: Block
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station
- Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Driveway, Paved
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $681,000
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $6,476
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Tax Year: 2023
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