Sold!
$860,000
5
Beds
3
Baths
2,517
Living Area
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Property Description
BEST PRICED multi-family in Revere! This three-family home generated over $70K of rental income last year with room to grow for the next owner. The one bedroom apartment (#1) and the two bedroom apartment (#2) are leased to great long-term tenants who make ownership a breeze. The top floor apartment (#3) is recently renovated and has two bedrooms, living room, office/den, and views of the ocean - perfect for owner-occupants or investors can rent for $2,600/month. All units have nice hardwood floors, lots of windows and light, decks/porches, and access to e-payment laundry in the basement. The property has a newer roof (2013) and a high-efficiency Weil McLain boiler (2018) and oil tank (2022) providing heat/hot water to all apartments. Situated on a large 5,000 SF+ lot, this home offers nice outdoor space and is within easy walking distance of Revere Beach, Blue Line, shopping, restaurants, and more. Easy to manage and potential opportunities for expansion!
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Highlights
- Has View: Yes
- Levels: 3
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 12
- Status: Closed
- Heating: Hot Water, Oil
- Property Class: Residential Income
- Stories: 3
- Year Built: 1885
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Additional Details
- Basement: Partial, Concrete
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Details: Approximate
- Zoning: Rb
- Foundation: Stone
- SqFt Source: Public Record
- View: Scenic View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Conservation Area, Highway Access, Public School, T-Station
- Waterfront Features: 1/10 to 3/10 To Beach
- Parking Features: On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $907,600
- Tax Year: 2026
- Total Rent: $6,575
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water)
- Taxes: $8,113
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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 Pena Realty Corporation.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
