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Canceled

28-30 Furness St, Revere MA 02151

$1,099,000

Estimated $2,223.02/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $549,500

Total Rent: 84000/year

Estimated CAP Rate: 6.87%

7 Bedrooms

3 Full Baths

2,468 SqFt

Total Parking: 5

3,485 SqFt

Opportunity knocks! Perfect for investors/1031 exchange. Completely renovated two unit multifamily in desirable West Revere, ready for immediate occupancy. Unit 1 features two bedroom and one full bathroom with eat-in kitchen and living room. Unit 2 features five bedrooms, two full bathrooms, open kitchen/dining area and spacious living room across two levels of living. Both units offer laundry-room in unit, new vinyl flooring and freshly painted walls. New electrical. New kitchen and bathrooms. Five car off-street parking in back parking lot. New vinyl siding. Only minutes to Revere High School, Revere Beach, Route 1, MBTA, grocery stores, shops, restaurants, and commuter-friendly access to highway. Lease in place until 12/31/25

This home has been viewed 62 times

Last Checked: January 1st, 2025 at 5:19am (Source: MLS PIN #73311698)

Gross Income: $84,000

Gross Expenses: $8,492

Net Income Calc: $75,508

CAP Rate: 6.87%

Beach Front

Annual Expenses for 28-30 Furness St, Revere MA 02151

Total Gross Expenses (Calculated)$8,492/year

APOD AvailableNo

Heating

Electricity

Water$1,200

Gas$1,200

Insurance$2,000

Sewer$1,200

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,292

Annual Income & Unit Breakdown for 28-30 Furness St, Revere MA 02151

Total Gross Income (Calculated)$84,000

Unit 1

Rental Income$2,700

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$4,300

LeaseY

Bedrooms5

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 28-30 Furness St, Revere MA 02151

Listing ID73311698

Property TypeMulti Family

Price$1,099,000 ($445.3/SqFt)

StyleMulti Family

CityRevere

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total2,468 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking5

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front

Energy Features

Terms

Disclosures for 28-30 Furness St, Revere MA 02151

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureIncludes addition on third floor. Living area appr

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data SourceEstimated

Total Gross Expenses By Broker$3,200

Total Gross Income By Broker$84,000

Total Net Income By Broker$84,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 28-30 Furness St, Revere MA 02151

Real Estate Taxes$5,292

Tax Year2024

Assessed Value$581,000

Financial Data SourceEstimated

Total Gross Expenses By Broker$3,200

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$84,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$84,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.87%

Location Information for 28-30 Furness St, Revere MA 02151

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Park, Public Transportation, T-station

Contact Information for 28-30 Furness St, Revere MA 02151

Agent

Name: Christie Xie

Office

Name: Nuage Real Estate Group

Phone: 617-678-3889

Payment Calculator

, Interest

Property Taxes 441

Principal & Interest 6771.69

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Nuage Real Estate Group

Christie Xie

Agent Phone

Office Phone

(617) 678-3889

Text Agent Call Agent Call Office

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[20] => Array
                (
                    [id] => 61582825
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311698&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2025-01-01 05:19:07
                    [modified] => 2025-01-01 05:19:07
                )

[21] => Array
                (
                    [id] => 61582826
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311698&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2025-01-01 05:19:07
                    [modified] => 2025-01-01 05:19:07
                )

)

)

EXIT