Sold

243 Revere St, Revere, MA

Revere · MA 02151

$1,172,500
Price
6
Beds
5.5
Baths
3717
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 6 Units
Lot size: 4,544 Sq.Ft Lot
Price per square foot: $336 / Sq.Ft
Parking: 1 Garage Space · 3 Off Street Spaces

About this home

243-245 Revere street is a cash cow! Recently upgraded rents and units make this multi-family mixed use property the perfect investment for someone pulling their money out of the market, or trying to scale up in 2020. Boisterous rent roll coupled with an oversized walk in commercial space ready for new tenants makes for a perfect recipe for an owner occupant investor, or someone who want to grab their own tenants. 3/5 Residential rentals have longer term section 8 tenants, 2 of which just received increases, one more in the works. 2 other cash paying amazing tenants round out the residential side of this building. Off street parking, oversized garage for a small business owner or extra rental income from a work van. Plenty of meat left on the bone for the next investor to cut expenses and raise rents. Tons of improvements over the last 2 years.

Neighborhood & Transit

Revere Beach

243 Revere St, 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:
2112 days
Listing Price:
$1,249,900
Price per Sq.Ft:
$336
Tax Assessment:
$941,600 in 2020
Taxes:
$884 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
5
Half Bathrooms
1
Living Area
3,717 Sq.Ft
Broker Disclosure about Living Area
Commercial unit (1700 sq. ft.) not included in living area total. From public record, not measured.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered

Exterior Features

Lot Size
4,544 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Seth Williams
Listing office
Ledge & Young Real Estate
MLS PIN #
72671730
Disclosure
Commercial unit (1700 sq. ft.) not included in living area total. From public record, not measured.