Under Agreement
19 Fernwood Ave, Revere, MA
Revere · MA 02151
- $1,495,000
- Price
- 10
- Beds
- 7
- Baths
- 4752
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
6 Units
Lot size:
5,001 Sq.Ft Lot
Price per square foot:
$315 / Sq.Ft
Parking:
No Parking
About this home
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.
Neighborhood & Transit
19 Fernwood Ave, Revere · MA 02151
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 91 days
- Listing Price:
- $1,495,000
- Price per Sq.Ft:
- $315
- Tax Assessment:
- $1,182,400 in 2025
- Taxes:
- $894 / Monthly
Home Facts
Interior Features
- Bedrooms
- 10
- Full Bathrooms
- 7
- Half Bathrooms
- 0
- Living Area
- 4,752 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4752
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 5,001 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Michelle Joslin-Chaves
- Listing office
- Leading Edge Real Estate
- MLS PIN #
- 73559548
- Disclosure
- Unit 3 is vacant. Previously rented for $1900/month. Ongoing repairs and maintenance over the years.