INVESTOR/CONTRACTOR SPECIAL! Opportunity to restore a multifamily property in a prime Revere location. Property sustained a basement fire on August 11, 2025. Most damage occurred in the basement, with additional damage to the upper units resulting from firefighting efforts. Property is being sold AS-IS and will not qualify for conventional, FHA, VA, or other traditional financing. Cash buyers only. The City of Revere is requiring the installation of a sprinkler system throughout the building as part of the restoration process. Buyer and buyer's agent to perform all due diligence regarding permits, code requirements, renovations, and intended use. Property is located behind another residence and is accessed via a 3-foot-wide pedestrian easement. No vehicle access or on-site parking. Approx. 2-minute walk to Revere Beach MBTA Station, less than 5 minutes to Revere Beach, and close to restaurants, shopping, and local amenities. Proof of funds required to see the property.
This home has been viewed 6 times
Last Checked: June 19th, 2026 at 5:58am (Source: MLS PIN #73537652)
Gross Income: $0
Gross Expenses: $6,411
Net Income Calc: $6,411
Annual Expenses for 1509A North Shore Rd., Revere MA 02151
Total Gross Expenses (Calculated)$6,411/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6411
Annual Income & Unit Breakdown for 1509A North Shore Rd., Revere MA 02151
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor3
Levels in Unit2
Rent Includes
General Information for 1509A North Shore Rd., Revere MA 02151
Listing ID73537652
Property TypeMulti Family / 3 Family
Price779900 ($368.22/SqFt)
Style3 Family
CityRevere
CountySuffolk
Neighborhood(s)
Approximate Living Area Total2118
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningGB
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 1509A North Shore Rd., Revere MA 02151
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher
Financial Data Source
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 1509A North Shore Rd., Revere MA 02151
Real Estate Taxes6411
Tax Year2025
Assessed Value$706,800
Financial Data Source
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 1509A North Shore Rd., Revere MA 02151
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 1509A North Shore Rd., Revere MA 02151