120 Dolphin Ave
$1,945,000
9
Beds
6
Baths
4,180
Sqft
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$1,945,000
9
Beds
6
Baths
4,180
Living Area
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Property Description
Presenting a rare opportunity to acquire a fully occupied 6-unit multifamily property just moments from Revere Beach. Situated on a level lot with two driveway entrances and ample off-street parking, this investment offers strong in-place income with future upside. Current monthly rent roll is $12,100 with as-is pro forma rents projected to be at least $14,400/month, plus there is an approximately $2,000 annually in laundry income. Property features potential expansion for 2 additional units on the top level. Conveniently located near public transit with train access to Boston, major highways, shopping, dining, and a playground 1 block away on the same street. Excellent opportunity for investors seeking cash flow, appreciation, and long-term value add potential. Sellers reserve the right to accept an offer at anytime.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1970
- Parking Spots: 7
- Property Type: 5-9 Family
- Total Rooms: 21
- Status: Active
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Additional Details
- Construction: Frame
- Lot Features: Cleared, Level
- Roof: Shingle
- Total Number of Units: 6
- Year Built Source: Public Records
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rb
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, T-Station
- Waterfront Features: Ocean, Walk to, 1/10 to 3/10 To Beach
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,295,500
- Taxes: $11,431
- Tax Year: 2025
- Total Rent: $7,250
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Three Hills Real Estate Service, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.