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Closed

148 Ridge Rd, Revere MA 02151

$759,000

Estimated $1,742.54/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $379,500

Total Rent: 21600/year

Estimated CAP Rate: 2.04%

4 Bedrooms

3 Full Baths

2,738 SqFt

Total Parking: 1

5,210 SqFt

Back on Market do to buyer financing - Don't miss your opportunity today! This gorgeous nonconforming multi has been lovingly maintained by the same family since the foundation was poured and it shows! Tenants recently moved out making it easier to show on lockbox. Priced accordingly to allow the next family an opportunity to gain equity and make it their own. This home is filled with natural light and incredible sunrises, gleaming hardwood floors; a fully applianced eat-in kitchen, with three bedrooms and two full baths in the owners unit. Head down to the vacant apartment where you will find a one bedroom unit with its own private entrance, full kitchen, bath and lots of windows. This home has endless space and storage! Room to expand. Basement has shared laundry, boiler, and a separate egress to the backyard. Conveniently located in Revere with easy access to Rt 1 and the MBTA makes commuting just minutes to Boston, Logan Airport and all major routes. Home will not qualify for FHA.

This home has been viewed 40 times

Last Checked: May 7th, 2024 at 3:50am (Source: MLS PIN #73073041)

Gross Income: $21,600

Gross Expenses: $6,142

Net Income Calc: $15,458

CAP Rate: 2.04%

Beach Front

Annual Expenses for 148 Ridge Rd, Revere MA 02151

Total Gross Expenses (Calculated)$6,142/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,142

Annual Income & Unit Breakdown for 148 Ridge Rd, Revere MA 02151

Total Gross Income (Calculated)$21,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingYes

Rent Includes

Unit 2

Rental Income$1,800

LeaseN

Bedrooms1

Bathrooms1 Full

Floor0

Levels in Unit1

HeatingYes

Rent Includes

General Information for 148 Ridge Rd, Revere MA 02151

Listing ID73073041

Property TypeMulti Family

Price$759,000 ($277.21/SqFt)

StyleMulti Family

CityRevere

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total2,738 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking1

Garage Parking

Year Built1950

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping, Wooded, Steep Slope

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front, Beach Ownership(public), 1/2 To 1 Mile To Beach

Energy Features

Terms

Disclosures for 148 Ridge Rd, Revere MA 02151

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureThe source of all representations are from the sel

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$21,600

Total Net Income By Broker$21,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 148 Ridge Rd, Revere MA 02151

Real Estate Taxes$6,142

Tax Year2023

Assessed Value$645,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$21,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$21,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.04%

Location Information for 148 Ridge Rd, Revere MA 02151

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 148 Ridge Rd, Revere MA 02151

Agent

Name: Revolution Real Estate Group

Office

Name: Keller Williams Realty Evolution

Phone: 781-395-5600

Team Members

Name: Daveen Balliro Arrigo

Phone: 617-308-3812

Name: Patrick Keefe

Phone: 857-207-1044

Payment Calculator

, Interest

Property Taxes 511.83

Principal & Interest 4676.72

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

Revolution Real Estate Group

Agent Phone

Office Phone

(781) 395-5600

Text Agent Call Agent Call Office

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                    [name] => MLS18.jpg
                    [type] => gallery
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                    [index] => 18
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[18] => Array
                (
                    [id] => 7159947
                    [name] => MLS19.jpg
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                    [index] => 19
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:50:58
                )

[19] => Array
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                    [id] => 7159948
                    [name] => MLS20.jpg
                    [type] => gallery
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                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[20] => Array
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                    [id] => 7159949
                    [name] => MLS21.jpg
                    [type] => gallery
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                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[21] => Array
                (
                    [id] => 7159950
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73073041&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[22] => Array
                (
                    [id] => 7159951
                    [name] => MLS23.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73073041&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[23] => Array
                (
                    [id] => 7159952
                    [name] => MLS24.jpg
                    [type] => gallery
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                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[24] => Array
                (
                    [id] => 7159953
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73073041&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[25] => Array
                (
                    [id] => 7159954
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73073041&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[26] => Array
                (
                    [id] => 7159955
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73073041&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[27] => Array
                (
                    [id] => 7159956
                    [name] => MLS28.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73073041&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[28] => Array
                (
                    [id] => 7159957
                    [name] => MLS29.jpg
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73073041&w=1024&h=768&n=29
                    [index] => 29
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[29] => Array
                (
                    [id] => 7159958
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                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

[30] => Array
                (
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                    [index] => 31
                    [enabled] => 1
                    [created] => 2024-05-07 03:50:58
                    [modified] => 2024-05-07 03:50:58
                )

)

)

EXIT