Investors and End-users will be especially interested in this property. The owner has been making a steady stream of income from the current rents even though they are below current market rents. This mixed-use commercial/multi-family property has 3 residential units with the potential for a fourth unit and a commercial unit on the first floor. As it stands, the current cap rate is about 6%. Whether you would like to hold this unit for the income or potentially redevelop, the neighborhood has a lot to offer. It is a short walk to the beach or this building is near the main street coffee shops and other hidden gems Winthrop has to offer. Additionally, you can take the Paul Revere Bus to the Blue Line and straight into Boston. This building does not currently require flood insurance and the roof was replaced last year. Come to see 4 Revere St this weekend 7/29 & 7/30. Must contact the listing agent to attend the group showings.
Off market
$1,249,000
4 Revere St, Winthrop, MA 02152
7beds
4,856sqft
MultiFamily
Built in 1900
-- sqft lot
$1,249,000 Zestimate®
$257/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Other, Gas
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 4,856 sqft
Property
Parking
- Parking features: On-street
Features
- Exterior features: Other
Lot
- Size: 3,920 sqft
Details
- Parcel number: WINTM055L063
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Winthrop
Other
Other facts
- Amenities: Public Transportation, Park, Golf Course, Conservation Area, House Of Worship, Marina, Public School, Walk/Jog Trails
- Basement Feature: Full
- Flooring: Wood, Tile, Laminate, Concrete
- Hot Water: Natural Gas
- Beach Description: Ocean
- Beachfront Flag: Yes
- Exterior Features: Porch, Porch - Enclosed
- Utility Connections: For Gas Range, For Gas Oven
- Foundation: Other (see Remarks)
- Beach Miles To: 1 To 2 Mile
- Beach Ownership: Public
- Lot Description: Corner
- Mf Type: 4 Family - 4 Units Up/Down
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,249,000
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
$1,249,000