Spectacular Investment Opportunity near Revere Beach available now! This Victorian Style multi family features a large back lot that will accommodate up to seven car parking. Owner has paid for extensive updates including granite and marble back splashes and counters in both kitchens and bathrooms in every unit. New flooring in bedrooms and bathrooms.The cabinets, sinks, toilets, have all been updated in every unit. Owner has upgraded the common area electrical system to LED motion sensor lighting for cost efficiency. The vinyl siding and encapsulated windows were replaced two years ago. Plumbing was also converted to PVC piping two years ago and the water heaters are six years old and boilers are twelve years old. All units are currently rented. Four of the five units are market rent. One unit is section 8 through Boston Housing Authority.There is an opportunity to increase ROI by increasing the rents. Potential of generating $9,700 per month, GOI OF $116,400 & NOI OF $101,400.
Off market
$1,441,200
111 Undisclosed St, Revere, MA 02151
9beds
5baths
5,100sqft
MultiFamily
Built in 1900
-- sqft lot
$1,441,200 Zestimate®
$283/sqft
$3,209 Estimated rent
What's special
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Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,441,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,441,200