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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

    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.

    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