NOT LISTED FOR SALE

262 Endicott Ave Revere, MA 02151

Beachmont Neighborhood
7 Beds
4 Baths
4,752 Sq Ft
6,098 Sq Ft Lot

Last Sold October 06, 2021

Last sale price $1,435,000 $302 Per Sq Ft

48 Days on Market

About This Home

As of October 2021

Amazing OCEANFRONT INCOME PROPERTY with 2 lots on 1 parcel in desirable Beachmont. This amazing 4-fam features 1-2 bed/1 bth units all with spectacular, unobstructed OCEAN VIEWS, private oceanfront outdoor deck space, separate utilities, laundry hook-up, and dedicated off-street parking. 3 of the units have RECENT INTERIOR UPDATES which include new appliances,flooring,cabinetry and newer electrical in addition to other system updates. NEW ROOF, SIDING, exterior DOORS, and unit SLIDERS are all less than 1 year old and have a transferable warranty. Investors:enjoy the well-established rental history as the property can be delivered with leases in place for immediately cash flow of ~$90k (5% Cap), or delivered vacant with the opportunity to bring rents to market rate. Explore future growth potential for future luxury CONDO CONVERSION or DEVELOPMENT EXPANSION on adjacent lot. 15 min to downtown, 10 min to the airport, steps to the Blue Line, and 1 mile to Suffolk Down Project.

Last Agent to Sell the Property

Christine Cannon Coughlin

Bantry Way Brokerage Listed on: 06/17/2021

Last Buyer's Agent

Christine Cannon Coughlin

Bantry Way Brokerage Listed on: 06/17/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 6,098

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Take Bennington street to Endicott Ave.
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Dishwasher), Unit 2(Range,Refrigerator - ENERGY STAR)
  • Has Basement: Partial, Finished
  • Total Bathrooms: 4
  • MAIN LO: AN3774
  • LIST PRICE PER Sq Ft: 326.18
  • PRICE PER Sq Ft: 301.98
  • MAIN SO: AN3774
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Wood,Tile,Vinyl,Carpet,Laminate, Unit 1(undefined), Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower,Open Floor Plan,Slider), Unit 2(Bathroom With Tub & Shower,Open Floor Plan,Slider), Unit 3(Bathroom With Tub & Shower,Open Floor Plan,Slider), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Kitchen)
  • Stories: 7

Exterior Features

  • Roof: Shingle
  • Exterior Features: Balcony, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Foundation Details: Concrete Perimeter
  • View: Scenic View(s)
  • Patio And Porch Features: Deck
  • Waterfront Features: Waterfront, Beach Front, Ocean, Harbor, Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street, Common
  • Total Parking Spaces: 5

Utilities

  • Heating: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard), Unit 3(Hot Water Baseboard), Unit 4(Hot Water Baseboard,Individual)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Marina, T-Station
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Annual Water Sewer Expense: 4000

Lot Info

  • LOT SIZE: 6499
  • PAGE: 012
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6098.4
  • Zoning: RB

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 88800
  • Property Net Operating Income: 74800
  • Number Of Units Total: 4
  • Annual Operating Expense: 14000
  • Total Actual Rent: 7400

Tax Info

  • Tax Annual Amount: 10000
  • Tax Book Number: 19726
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $1,435,000 -7.4% $302 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $1,549,999 -- $326 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christine Cannon Coughlin

    Seller's Agent in 2021

    Christine Cannon Coughlin

    Bantry Way Brokerage

    (617) 699-0946

    1 in this area

    17 Total Sales

    Christine Cannon Coughlin
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72852046

MLS Property Information Network (MLS PIN)
Massachusetts Suffolk County Revere 02151 Beachmont

262 Endicott Ave, Revere, MA

This home is located at 262 Endicott Ave, Revere, MA 02151 since 17 June 2021. This property was built in 1900. 262 Endicott Ave is a home located in Suffolk County with nearby schools including Beachmont Veterans Memorial School, Staff Sargent James J. Hill Elementary School, and Garfield Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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