19 Fernwood Ave
revere, MA 02151$1,495,000
- 10 BR7 BAapprox. 4,752 SF
- Contract signed
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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.
Details
4,752 Sq Ft
5,001 Sq Ft Lot Size
investment
$894 Monthly Tax
Built in 1910
MLS/Listing ID 73559548
5 Stories
6 Units
Amenities & Features
Vinyl
Carpet
Hardwood
Community - Public Transportation
Community - Shopping
Community Pool
Tile
Fenced
Community - Park
Community - Walk/Jog Trails
Parking - On Street
Porch
Enclosed
Deck
Ocean
Beach Ownership - Public
Public Sewer
Public Water
Community - Medical Facility
Community - Laundromat
Community - Conservation Area
Community - T-Station
Community - Public School
Community - Private School
Community - House of Worship
Community - Highway Access
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