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 5 times
Last Checked: October 2nd, 2026 at 8:53am (Source: MLS PIN #73569825)
Gross Income: $0
Gross Expenses: $10,724
Net Income Calc: $10,724
Annual Expenses for 19 Fernwood Ave, Revere MA 02151
Total Gross Expenses (Calculated)$10,724/year
APOD Available
Heating
Electricity
Water
Gas
Insurance
Sewer
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Real Estate Tax10724
Annual Income & Unit Breakdown for 19 Fernwood Ave, Revere MA 02151
Total Gross Income (Calculated)$0
General Information for 19 Fernwood Ave, Revere MA 02151
Listing ID73569825
Property TypeMulti Family / 5+ Family
Price1495000
StyleResidential
CityRevere
CountySuffolk
Neighborhood(s)
Approximate Living Area Total0
Approximate Lot Size (Acres)0.11
Total Parking0
Year Built1910
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Outdoor Space
Zoningcom 5+res
Zoning DetailsOther (See Remarks)
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Waterfront0
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Disclosures for 19 Fernwood Ave, Revere MA 02151
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
ExclusionsSellers Personal Property.
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$0
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)
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Contact Information for 19 Fernwood Ave, Revere MA 02151