Presenting a rare opportunity to acquire a fully occupied 6-unit multifamily property just moments from Revere Beach. Situated on a level lot with two driveway entrances and ample off-street parking, this investment offers strong in-place income with future upside. Current monthly rent roll is $12,100 with as-is pro forma rents projected to be at least $14,400/month, plus there is an approximately $2,000 annually in laundry income. Property features potential expansion for 2 additional units on the top level. Conveniently located near public transit with train access to Boston, major highways, shopping, dining, and a playground 1 block away on the same street. Excellent opportunity for investors seeking cash flow, appreciation, and long-term value add potential. Sellers reserve the right to accept an offer at anytime.
This home has been viewed 15 times
Last Checked: June 5th, 2026 at 7:28am (Source: MLS PIN #73525052)
Gross Income: $87,000
Gross Expenses: $41,980
Net Income Calc: $45,020
Water Views
Annual Expenses for 120 Dolphin, Revere MA 02151
Total Gross Expenses (Calculated)$41,980/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11431
Annual Income & Unit Breakdown for 120 Dolphin, Revere MA 02151
Total Gross Income (Calculated)$87,000
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 120 Dolphin, Revere MA 02151
Listing ID73525052
Property TypeMulti Family / 5+ Family
Price1945000 ($465.31/SqFt)
Style5-9 Family
CityRevere
CountySuffolk
Neighborhood(s)
Approximate Living Area Total4180
Approximate Lot Size (Acres)0.19
Total Parking7
Garage Parking0
Year Built1970
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 120 Dolphin, Revere MA 02151
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 120 Dolphin, Revere MA 02151
Real Estate Taxes11431
Tax Year2025
Assessed Value$1,295,500
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 120 Dolphin, Revere MA 02151
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 120 Dolphin, Revere MA 02151