The one you've been waiting for! This renovated 2 family features an IN-GROUND POOL, FINISHED LOWER-LEVEL, CENTRAL AIR, double driveways, a SPACIOUS BACKYARD, & more! The owner's unit is meticulously maintained featuring an excellent open concept layout that is perfect for entertaining. The large dining room flows beautifully into the kitchen & living rm. making the space on the main level an entertainer's dream. The owner's unit has 2 floors & the finished lower level w/FULL WET BAR is a great added bonus & very versatile (perfect to use as an office space, family room, extended entertainment area, etc.,) Do not miss this RARE opportunity to own in a highly accessible & convenient Revere location! As the new owner you will be less than a mile away from Rt.1A, RT.60, RT.107, & can be in the City of Boston in minutes (5-10 miles away!) Elementary, Middle & High School are all nearby, as well as Northgate shopping center, restaurants, gyms, &f course the Beach! Many updates done in '22!
This home has been viewed 26 times
Last Checked: May 7th, 2024 at 5:11am (Source: MLS PIN #73084497)
Gross Income: $14,400
Gross Expenses: $6,663
Net Income Calc: $7,737
CAP Rate: 0.94%
Beach Front
Annual Expenses for 16 Cummings Ave, Revere MA 02151
Total Gross Expenses (Calculated)$6,663/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,663
Annual Income & Unit Breakdown for 16 Cummings Ave, Revere MA 02151
Total Gross Income (Calculated)$14,400
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent Includes
Unit 2
Rental Income$1,200
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
General Information for 16 Cummings Ave, Revere MA 02151
Listing ID73084497
Property TypeMulti Family
Price$819,900 ($325.87/SqFt)
StyleMulti Family
CityRevere
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total2,516 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking4
Garage Parking
Year Built1970
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningRB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesOcean, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach
Energy Features
Terms
Disclosures for 16 Cummings Ave, Revere MA 02151
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureBuyer & buyers' agents to confirm living area
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$15,600
Total Net Income By Broker$15,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 16 Cummings Ave, Revere MA 02151
Real Estate Taxes$6,663
Tax Year2023
Assessed Value$700,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$15,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$15,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.94%
Location Information for 16 Cummings Ave, Revere MA 02151
Elementary SchoolRumney Marsh
Middle SchoolLincoln
High SchoolRevere
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Laundromat, Public Transportation
Contact Information for 16 Cummings Ave, Revere MA 02151