Great opportunity for investors in this money making 3 family just 2 blocks away from the beach or also an owner occupied with 2 other rental income. New windows have just been installed in the entire building along with a brand new wrap around porch on the second level. 1st floor unit has 4 bedrooms, one of them being smaller that could also be used as an office. Updated kitchen and bath. All hardwood floors & tiles. 2nd floor has brand new kitchen & bath, 3 bedrooms and their own private balcony. 3rd fl has 2 bedrooms and 2 full baths, kitchen and living room with beautiful water views of the beach. There is a spacious basement with coin operated washer & dryers with plenty of storage. Easy access to Rte 1, airport, Boston, Wonderland Subway Station, lots of shopping and fantastic restaurants and of course historic Revere Beach.
This home has been viewed 42 times
Last Checked: May 7th, 2024 at 3:16am (Source: MLS PIN #73045718)
Gross Income: $93,456
Gross Expenses: $8,152
Net Income Calc: $85,304
Water Views
Annual Expenses for 1535 N Shore Rd, Revere MA 02151
Total Gross Expenses (Calculated)$8,152/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8152
Annual Income & Unit Breakdown for 1535 N Shore Rd, Revere MA 02151
Total Gross Income (Calculated)$93,456
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 1535 N Shore Rd, Revere MA 02151
Listing ID73045718
Property TypeMulti Family / 3 Family
Price989000 ($286.83/SqFt)
Style3 Family
CityRevere
CountySuffolk
Neighborhood(s)
Approximate Living Area Total3448
Approximate Lot Size (Acres)0.06
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningGB
Water ViewsYes
Water Views FeaturesBay
Waterfront FeaturesRiver
Terms
Disclosures for 1535 N Shore Rd, Revere MA 02151
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation0
Compensation Based OnGross/full Sale Price
Financial Information for 1535 N Shore Rd, Revere MA 02151
Real Estate Taxes8152
Tax Year2022
Assessed Value$783,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 1535 N Shore Rd, Revere MA 02151
Elementary SchoolGarfield
Middle SchoolRumney Marsh
High SchoolRevere High
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 1535 N Shore Rd, Revere MA 02151