(5 Unit) Multi-Family in Revere – Ocean Views, Turnkey A++ Investment Property.Brand-new, fully gut-renovated in 2024, steps from Revere Beach and the Blue Line.Unit Breakdown & Rents:4 Bed 2 bath- $40002 bed 1 bath- $29501 bed 1 bath- $25001 bed 1 bath- $25001 bed 1 bath- $25005 Parking SpotsMonthly Rent Roll: $14,450Yearly Rent Roll: $173,400Highlights:Renovated top-to-bottom in 2024 to condo-level qualityEnergy-efficient systems and low utility billsStrong tenant base, zero building issuesTwo top-floor 1-bed units with direct ocean viewsOne minute walk to the Blue Line TClose to Shirley Ave shops & restaurants, and just 8 minutes to Suffolk DownsParking not currently monetized (potential upside)Across the street from Revere BeachDisclaimer: Listing agent owns interest in the property. NOTES: PLEASE DO NOT DRIVE BY PROPERTY OR DISTURB TENANTS.
This home has been viewed 38 times
Last Checked: November 20th, 2025 at 7:04am (Source: MLS PIN #73455256)
Gross Income: $143,400
Gross Expenses: $11,000
Net Income Calc: $132,400
CAP Rate: 5.52%
Water Views
Annual Expenses for 6 Garfield, Revere MA 02151
Total Gross Expenses (Calculated)$11,000/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$11,000
Annual Income & Unit Breakdown for 6 Garfield, Revere MA 02151
Total Gross Income (Calculated)$143,400
Unit 1
Rental Income$4,000
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,950
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$2,500
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$2,500
Lease
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 6 Garfield, Revere MA 02151
Listing ID73455256
Property TypeMulti Family
Price$2,400,000 ($571.43/SqFt)
Style5+ Family - 5+ Units Up/down
CityRevere
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total4,200 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking6
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningNA
Zoning Details
Water ViewsYes
Water Views Features
WaterfrontNo
Waterfront FeaturesOcean, Beach Ownership(public), 0 To 1/10 Mile To Beach
Energy Features
Terms
Disclosures for 6 Garfield, Revere MA 02151
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$23,400
Total Gross Income By Broker$173,400
Total Net Income By Broker$150,000
For Sale By OwnerEntry Only
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 6 Garfield, Revere MA 02151
Real Estate Taxes$11,000
Tax Year2025
Assessed Value$1,327,000
Financial Data SourceOwner
Total Gross Expenses By Broker$23,400
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$173,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$150,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.52%
Location Information for 6 Garfield, Revere MA 02151
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesOther
Contact Information for 6 Garfield, Revere MA 02151