19 Fernwood Ave, Revere, MA 02151

$1,495,000
10
BD
7
BA
4,752
SqFt

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List Price
$1,495,000
Status
UNDER AGREEMENT
MLS#
73559548
Bedrooms
10
Bathrooms
7
Full Baths
7
Living Area
4,752
Lot Size (Acres)
0.11
Year Built
1910

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.

Additional Information

Taxes
$10,724
Parking Description
On Street
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Michelle Joslin-Chaves from Listing Office: Leading Edge Real Estate.

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