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233 Washington Ave
Revere, MA 02151

$1,399,000

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Listing Details

  • $1,399,000
  • MLS# 73481847
  • Type Multi Unit - Multiple
  • Status Pending
  • 7
    Bedrooms
  • 4 full 2 partial
    Bathrooms
  • 6,457
    Square Feet
  • 0.083 acres
    Lot Size
  • 1960
    Year Built

Listed By

Agency Name: Trinity Real Estate
Agent Name: Annemarie Torcivia
Agency Phone: 781-231-9800

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


Description

BACK ON MARKET ?? MIXED-USE INVESTMENT OPPORTUNITY! Solid brick 4-unit property offering strong residential and commercial income. Commercial space consists of a 2,000+ sq. ft. dance studio with a long-term tenant of approximately 39 years and lease through 2029. Three residential units include two 2-bedroom units and one 3-bedroom unit with office/den. Residential units are Section 8 with delead certificates in hand. Currently operating at approximately an 8% cap rate. Common laundry and 3 off-street parking spaces. Excellent cash flow, established tenants and multiple income streams make this a solid addition to an investors portfolio....read more

Features

  • Range
  • Microwave
  • Refrigerator
  • Dishwasher
  • Other
  • None, Wall Unit(s)
  • 1 Fireplace
  • Wood
  • Tile
  • Baseboard, Natural Gas
  • 4.0 Stories
  • $14,000 Taxes
  • Public
  • Built in 1960

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