Discover this fully deleaded six-unit apartment building, ideally located just a short walk from the MBTA Revere Beach Blue Line station and scenic Revere Beach. The property features six spacious 2-bedroom units, three of which include an additional den (a bonus room withou...
This home has been viewed 27 times
Last Checked: June 16th, 2025 at 3:48pm (Source: MLS PIN #73371938)
Gross Income: $53,400
Gross Expenses: $33,418
Net Income Calc: $19,982
CAP Rate: 1.03%
Annual Expenses for 54 Shirley Ave, Revere MA 02151
Total Gross Expenses (Calculated)$33,418/year
APOD AvailableYes
Heating
Electricity$200
Water$14,000
Gas$14,000
Insurance$7,000
Sewer$14,000
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$12,218
Annual Income & Unit Breakdown for 54 Shirley Ave, Revere MA 02151
Total Gross Income (Calculated)$53,400
Unit 1
Rental Income$2,500
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,950
LeaseN
Bedrooms2
Bathrooms1 Full
Floor0
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit
HeatingNo
Rent Includes
General Information for 54 Shirley Ave, Revere MA 02151
Listing ID73371938
Property TypeMulti Family / 5+ Family
Price$1,940,000 ($420.46/SqFt)
Style5-9 Family
CityRevere
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total4,614 SqFt
Approximate Lot Size (Acres)0.1 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 Materials
Lot Features
Foundation Area1600
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningGB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesBay, 3/10 To 1/2 Mile To Beach
Energy Features
Terms
Disclosures for 54 Shirley Ave, Revere MA 02151
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$21,200
Total Gross Income By Broker$166,800
Total Net Income By Broker$32,200
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 54 Shirley Ave, Revere MA 02151
Real Estate Taxes$12,218
Tax Year2025
Assessed Value$1,347,100
Financial Data SourceOwner
Total Gross Expenses By Broker$21,200
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$166,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$32,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.03%
Location Information for 54 Shirley Ave, Revere MA 02151
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesPublic School, Shopping, Public Transportation, T-station
Contact Information for 54 Shirley Ave, Revere MA 02151