$1,950,000

Estimated payment $11,572/month

Total Views 673,929
12 Beds
6.5 Baths
3,936 Sq Ft
$495 Price per Sq Ft

Highlights

  • Waterfront
  • Corner Lot
  • Window Unit Cooling System
  • Wood Flooring
  • Porch
  • Living Room

About This Home

Prime investment opportunity- discover this well-maintained, fully occupied 6-family property in a fantastic Revere location, just steps from the high school and moments from bustling Broadway. Each unit is occupied by long term tenants, offering stability and consistent cash flow. The property features parking for 8 vehicles in the driveway plus one-car garage- a rare find in the area. Located near shops, restaurants, public transportation, and just minutes from Logan airport, this location offers excellent convenience for tenants and strong rent appeal. Heat is included in the rent- separate electric meters. Don't miss this opportunity to own a turn-key asset in one of Revere's most accessible neighborhoods.

Listing Agent

Albeiro Lopera

United Brokers Listed on: 05/16/2025

Co-Listing Agent

Michael Ramos

United Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,367

Year Built

  • Built in 1900

Lot Details

  • 6,752 Sq Ft Lot
  • Waterfront
  • Corner Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,936 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Disposal
  • Dryer

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts

Listing and Financial Details

  • Rent includes unit 1(heat gas hot water), unit 2(heat gas hot water), unit 3(heat gas hot water), unit 4(heat gas hot water)
  • Assessor Parcel Number M:16 B:261B L:11A,1372739

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $3,682
  • Insurance Expense $5,500
  • Water Sewer Expense $4,800
  • Operating Expense $11,382
  • Net Operating Income $126,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,367

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 4
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile, Vinyl, Hardwood
  • Interior Amenities: Living Room, Kitchen, Dining Room
  • Fireplace YN: No
  • Appliances: Disposal, Refrigerator, Dryer
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bathrooms: 6.5
  • Basement: Full
  • Above Grade Finished Sq Ft: 3936
  • Living Area: 3936
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: BB9067
  • LIST PRICE PER Sq Ft: 495.43
  • PRICE PER Sq Ft: 495.43

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 1(Heat,Gas,Hot Water), Unit 2(Heat,Gas,Hot Water), Unit 3(Heat,Gas,Hot Water), Unit 4(Heat,Gas,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4800

Lot Info

  • Parcel Number: M:16 B:261B L:11A,1372739
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6752
  • Lot Size Units: Acres
  • PAGE: 248

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11367
  • Tax Book Number: 46745

Multi Family

  • Electric Expense: 3682
  • Gross Income: 138360
  • Insurance Expense: 5500
  • Net Operating Income: 126978
  • Number Of Units Total: 6
  • Operating Expense: 11382
  • Total Actual Rent: 12000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 1
  • FLRS 2: 2

Map

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
07/18/2025 07/18/25 Price Changed $1,950,000 +11.4% $495 / Sq Ft
06/04/2025 06/04/25 Price Changed $1,750,000 -10.3% $445 / Sq Ft
05/16/2025 05/16/25 For Sale $1,950,000 -- $495 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

About the Listing Agent

Albeiro Lopera

United Brokers

(339) 675-2899

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Albeiro has helped families, sellers, and buyers for more than 15 years to achieve their goals. Selling more than three hundred houses has given him the knowledge that will help you have a seamless experience when buying or selling your house in Massachusetts.

Do not be afraid of the multiple regulations that cities and mortgage banks must sell or buy a house. Albeiro will help you save time and get prepared to achieve your goals! (We speak English, hablamos Español)

Albeiro's Other Listings

  • 538 Saratoga St, Boston, MA 02128

    $829,721 Pending

    • 6 Beds
    • 3 Baths
    • 2,208 Sq Ft
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    • Boston, MA

    Incredible investment opportunity in the heart of East Boston! This well-maintained 2-family home at 538 Saratoga Street offers over 2,200 square feet of living space and is fully occupied with stable, long-term tenants generating $4,300/month in below-market rent. Each unit features separate utilities and a newer heating system, offering convenience and efficiency for owners and tenants alike.

    Albeiro Lopera United Brokers

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  • 164 Conant St, Revere, MA 02151

    $900,000 Sold Dec 06, 2024

    • 5 Beds
    • 2 Baths
    • 3,006 Sq Ft
    • 164 Conant St
    • Revere, MA

    Welcome to this fully renovated two-family home in desirable West Revere, perfect for first-time homebuyers or investors! Completely transformed and like-new, this property offers modern kitchens and baths, with all new wiring, plumbing, windows, and deleading certificates. The home is fully foam insulated for energy efficiency, keeping utility costs low. With two driveways and separate water

    Albeiro Lopera United Brokers

  • 39 Jones Rd, Revere, MA 02151

    $800,000 Sold Aug 22, 2024

    • 6 Beds
    • 2 Baths
    • 1,959 Sq Ft
    • 39 Jones Rd
    • Revere, MA

    Here's your chance to own a rental-ready, two-family home just minutes from the Beachmont T Station in Revere and the vibrant Revere Beach developments. Perfect for owner-occupants & investors, this property offers bright and airy units with natural light, washer/dryer hookups, and central AC. The first unit features two bedrooms, one bath, and a spacious living room/dining combo. The second unit

    Albeiro Lopera United Brokers

  • 65 Foster St, Everett, MA 02149

    $600,000 Sold Jan 03, 2025

    • 3 Beds
    • 1 Bath
    • 1,049 Sq Ft
    • 65 Foster St
    • Everett, MA

    Welcome to your dream home in Everett! This charming single-family residence is perfect for first-time buyers looking for comfort and convenience. Features include a modern kitchen and updated gas heating, and enjoy the ease of your own driveway. The walk-out unfinished basement offers fantastic expansion potential—transform it into your dream space! As a bonus, Everett offers a residential tax

    Albeiro Lopera United Brokers

  • 78 Chestnut St, Chelsea, MA 02150

    $845,000 Sold Jul 17, 2025

    • 6 Beds
    • 2.5 Baths
    • 2,616 Sq Ft
    • 78 Chestnut St
    • Chelsea, MA

    Well-maintained multi-family in prime Chelsea location! Features updated heating systems, separate utilities, and will be delivered vacant at closing—ideal for investors or owner-occupants. Recent roof replacement. Spacious full basement with washer/dryer, hardwood floors throughout, and two off-street parking spaces. Conveniently located one block from the Silver Line and close to multiple

    Albeiro Lopera United Brokers

  • 47 Summit Rd, Holbrook, MA 02343

    $505,000 Sold Jul 02, 2025

    • 3 Beds
    • 2 Baths
    • 1,928 Sq Ft
    • 47 Summit Rd
    • Holbrook, MA

    Welcome to 47 Summit Rd, a beautifully maintained 3-bedroom, 2-bath ranch in one of Holbrook's most sought-after neighborhoods. This home offers single-level living with modern comforts including a brand-new roof, new porch, updated kitchen + bathrooms and efficient gas heating. Step inside to find an elegant kitchen featuring quality tile floors, perfect for both everyday meals and

    Albeiro Lopera United Brokers

  • 50 Cliff Ave Unit 1, Winthrop, MA 02152

    $4,600

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 50 Cliff Ave
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    • Winthrop, MA

    Step into this stunning luxury 3-bedroom apartment that perfectly blends modern design with serene waterfront living. As you enter, you’re greeted by an open-concept living space bathed in natural light, with floor-to-ceiling windows offering breathtaking water views from nearly every room.The chef-inspired kitchen is outfitted with top-of-the-line stainless steel appliances, sleek quartz

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  • 137 Union St Unit 2, Randolph, MA 02368

    $3,600

    • 3 Beds
    • 1.5 Baths
    • 1,150 Sq Ft
    • 137 Union St
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    A brad new second floor apartment everything was done over within las six month hard woods floor true out, one half bathroom, new appliances, and more. Two parking space only, not pets allowed not SMOKING allowed in the property include marihuana and any other smoke types, a good credit is a must, good references and prof of income, easy to show house is vacant and ready to move in

    Albeiro Lopera United Brokers

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73376691

MLS Property Information Network (MLS PIN)