aisellshomes.space

$1,495,000

New

19 Fernwood Ave

Revere, MA, 02151

Commercial · MLS #73569825

Days on market

3 days

Lot size

0.11 ac

0.11 acres

Lot

About this home

LOCATION! LOCATION! LOCATION! Revere Multifamily Investment: Six-Unit Income Generator, A rare find in this market! This six-unit multifamily property delivers immediate income potential in a high-demand rental market. Located in Revere, just miles north of Boston, the property is situated near Route 1 and Route 16 w/ direct access to bus lines and Blue Line, positioning tenants for easy commuting. Grocery stores and retail shops nearby enhance rental appeal.The unit mix maximizes income diversity: one spacious three-bedroom, two-bath unit anchors the property, paired with a three-bedroom, one-bath unit in addition to 4 one-bedroom units. Currently occupied with one unit vacant, the property demonstrates strong rental demand characteristic of this community market. Well-maintained and move-in ready. Fifty-plus years under single ownership reflects stability and proven management. This turnkey, established income stream is a great addition to your portfolio. Group showings only.

Location

19 Fernwood Ave, Revere, MA, 02151

Listed by Michelle Joslin-Chaves · Leading Edge Real Estate

Schedule a showing

19 Fernwood Ave

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$9,804 / month

Down payment20% · $299,000
Interest rate6.66%

Loan term

Principal & interest
$7,686
Property tax
$1,495
Home insurance
$623

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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