LOCATION! LOCATION! LOCATION! Revere Multifamily Investment: Six-Unit Income Generator, A rare find in this market! This six-unit multifamily property delivers immediate income potential in a high-demand rental market. Located in Revere, just miles north of Boston, the property is situated near Route 1 and Route 16 w/ direct access to bus lines and Blue Line, positioning tenants for easy commuting. Grocery stores and retail shops nearby enhance rental appeal.The unit mix maximizes income diversity: one spacious three-bedroom, two-bath unit anchors the property, paired with a three-bedroom, one-bath unit in addition to 4 one-bedroom units. Currently occupied with one unit vacant, the property demonstrates strong rental demand characteristic of this community market. Well-maintained and move-in ready. Fifty-plus years under single ownership reflects stability and proven management. This turnkey, established income stream is a great addition to your portfolio. Group showings only.
This home has been viewed 10 times
Last Checked: October 2nd, 2026 at 8:48am (Source: MLS PIN #73559548)
Gross Income: $83,400
Gross Expenses: $10,724
Net Income Calc: $72,676
Annual Expenses for 19 Fernwood Ave, Revere MA 02151
Total Gross Expenses (Calculated)$10,724/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10724
Annual Income & Unit Breakdown for 19 Fernwood Ave, Revere MA 02151
Total Gross Income (Calculated)$83,400
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 19 Fernwood Ave, Revere MA 02151
Listing ID73559548
Property TypeMulti Family / 5+ Family
Price1495000 ($314.6/SqFt)
Style5-9 Family
CityRevere
CountySuffolk
Neighborhood(s)
Approximate Living Area Total4752
Approximate Lot Size (Acres)0.11
Total Parking0
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoningcom 5+res
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 19 Fernwood Ave, Revere MA 02151
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsOne Set Of Washer And Dryer
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 19 Fernwood Ave, Revere MA 02151
Real Estate Taxes10724
Tax Year2025
Assessed Value$1,182,400
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 19 Fernwood Ave, Revere MA 02151
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 19 Fernwood Ave, Revere MA 02151