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Closed

16 Cummings Ave, Revere MA 02151

$819,900

Estimated $1,885/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $409,950

Total Rent: 14400/year

Estimated CAP Rate:

4 Bedrooms

Baths

2516

Total Parking: 4

5,131 (0.12)

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 34 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

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 Tax6663

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

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 16 Cummings Ave, Revere MA 02151

Listing ID73084497

Property TypeMulti Family

Price819900 ($325.87/SqFt)

StyleMulti Family

CityRevere

CountySuffolk

Neighborhood(s)

Approximate Living Area Total2516

Approximate Lot Size (Acres)0.12

Total Parking4

Garage Parking0

Year Built1970

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRB

Water Views

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 16 Cummings Ave, 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 Compensation1

Compensation Based OnNet Sale Price

Financial Information for 16 Cummings Ave, Revere MA 02151

Real Estate Taxes6663

Tax Year2023

Assessed Value$700,600

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 16 Cummings Ave, Revere MA 02151

Elementary SchoolRumney Marsh

Middle SchoolLincoln

High SchoolRevere

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 16 Cummings Ave, Revere MA 02151

Agent

Name: Zambrano Properties & Associates

Office

Name: RE/MAX 360

Phone: 978-535-3122

Payment Calculator

, Interest

Property Taxes 555.25

Principal & Interest 5051.96

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX 360

Zambrano Properties & Associates

Agent Phone

Office Phone

(978) 535-3122

Text Agent Call Agent Call Office

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EXIT

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