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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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19 Fernwood Ave , Revere, MA 02151
$1,495,000
Est. Payment: $3,322.22/mo
0 Bed
0 Bath
0 Sqft
Status: Under Agreement | Days on site: 5
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AN4646 - CN204552
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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.
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Highlights

Listed by Michelle Joslin-Chaves , 781-760-7865 Leading Edge Real Estate , 781-979-0100.

Property Type

Commercial Sale
Lot/Acreage
0.11

Year Built

1910

County

Suffolk

Listing ID

73569825

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Zoning:Other (See Remarks)
Principal Interest
$3,322
Taxes
$894

Home Price

$1,495,000

Loan Details

30 yrs
%

Down Payment

20%
$299,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,322.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,322.22 $893.67 $0.00 $4,215.89
Yearly $39,866.67 $10,724.00 $0.00 $50,590.67
Total $1,196,000.00 $321,720.00 $0.00 $1,517,720.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Revere, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.