24
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$1,495,000
Est. payment /mo
4,791 Sqft Lot
Pending
19 Fernwood Ave Revere, MA 02151
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Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 73569825
HOA Y/N false
Year Built 1910
Annual Tax Amount $10,724
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
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.
Location
State MA
County Suffolk
Zoning com 5+res
Direction Broadway to Fernwood Ave.
Others
Senior Community false
Listed by Leading Edge Real Estate
NEARBY SCHOOL & BUSINESS
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