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.
Off market
$1,418,800
243 Revere St, Revere, MA 02151
6beds
3,717sqft
MultiFamily
Built in 1900
-- sqft lot
$-- Zestimate®
$382/sqft
$3,371 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Other, Gas
Features
- Flooring: Tile, Hardwood
- Basement: Unfinished
Interior area
- Total interior livable area: 3,717 sqft
Property
Parking
- Total spaces: 3
Features
- Exterior features: Other
Lot
- Size: 4,356 sqft
Details
- Parcel number: REVEM18B289L7
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Revere
Other
Other facts
- Amenities: Public Transportation, Park, Laundromat, Highway Access, House Of Worship, Marina, Public School, T-Station
- Construction: Frame
- Flooring: Wood, Tile, Varies Per Unit
- Foundation: Poured Concrete
- Hot Water: Natural Gas
- Lot Description: Paved Drive, Fenced/Enclosed
- Rms Dscrp 1: Living Room
- Rms Dscrp 2: Living Rm/Dining Rm Combo
- Road Type: Public
- Roof Material: Asphalt/Fiberglass Shingles, Rubber
- Terms Feature: Contract For Deed
- Beach Description: Ocean
- Beachfront Flag: Yes
- Apod Available: Yes
- Rms Dscrp 3: Living Room, Kitchen
- Rms Dscrp 4: Living Room, Kitchen
- Basement Feature: Partial, Interior Access
- Beach Miles To: 1 To 2 Mile
- Beach Ownership: Public
- Utility Connections: For Electric Range, Varies Per Unit
- Year Round: Yes
- Electric Feature: Individually Metered
- Mf Type: 5-9 Family
- Exterior: Aluminum
- Exterior Features: Fenced Yard
- Ife Common: Security System
- CONTINGENCY_TYPE: Pending P&S
Services availability

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