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409 Fenno St, Revere MA 02151

$805,000

Estimated $1,809/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $402,500

Total Rent: 56700/year

Estimated CAP Rate:

7 Bedrooms

Baths

3200

Total Parking: 8 (1 Garage)

4,683 (0.11)

Great opportunity to own a large 2-family residence in West Revere! (~3,200 sqft). This property is fully rented (1 unit on a lease and 1 T.A.W.) Perfect opportunity for owner-occupied or investor. The first unit is a 3 bed/1 bath - T.A.W. The second unit is used as a 5 bed/1 bath (2nd & 3rd floor), and it's rented on a lease until 8/31/23. In addition, the property has a detached 1-car garage and a large paved driveway for 5-7 cars. Fenced-in yard and a patio area with a pergola covered with grape vines. Walkout Basement with bonus area, perfect for a workshop and storage.Easy access to Route 1 and all highways, minutes to Downtown Boston, schools, restaurants, shops, the airport, or the beach! Rent Roll Details are available upon request.

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 8:26am (Source: MLS PIN #73079091)

Gross Income: $56,700

Gross Expenses: $13,465

Net Income Calc: $43,235

Annual Expenses for 409 Fenno St, Revere MA 02151

Total Gross Expenses (Calculated)$13,465/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6050

Annual Income & Unit Breakdown for 409 Fenno St, Revere MA 02151

Total Gross Income (Calculated)$56,700

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms5

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 409 Fenno St, Revere MA 02151

Listing ID73079091

Property TypeMulti Family

Price805000 ($251.56/SqFt)

StyleMulti Family

CityRevere

CountySuffolk

Neighborhood(s)

Approximate Living Area Total3200

Approximate Lot Size (Acres)0.11

Total Parking8 (1 Garage)

Garage Parking1

Year Built1902

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRB

Water Views

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 409 Fenno St, Revere MA 02151

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

Financial Data SourceEstimated

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 409 Fenno St, Revere MA 02151

Real Estate Taxes6050

Tax Year2023

Assessed Value$636,200

Financial Data SourceEstimated

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 409 Fenno St, Revere MA 02151

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 409 Fenno St, Revere MA 02151

Agent

Name: Amaury De Labbey

Office

Name: Berkshire Hathaway HomeServices Warren Residential

Phone: 617-848-9616

Payment Calculator

, Interest

Property Taxes 504.17

Principal & Interest 4960.15

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Warren Residential

Amaury De Labbey

Agent Phone

Office Phone

(617) 848-9616

Text Agent Call Agent Call Office

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EXIT

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