$1,495,000
New19 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
Estimated payment
$9,804 / month
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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