$3,200,000

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Multi-Family - Revere, MA

5-6% CAP. 2015 New Construction . No need for any renovation. No headache investment with huge upside potential . Current rents are below market and we are gradually raising them up this summer. Building features: elevator, common area surveillance, fob entry system, sprinkler system, Individual Water and Sewer meters for each unit, storage rooms for the management, low maintenance. Unit features: very large size (over 1300sq. ft.) hardwood floors, granite countertops, heated tiles, huge closets, huge bedrooms, washer and dryer in unit, instant hot water, superior sound proofing, video intercom, garage parking space. The units are so big that could be easily reconfigured into 3 beds. Please email for rent rolls and expenses.

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Property Information

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 16

Parking

  • Garage: Yes
  • Garage Spaces: 8
  • Parking Features: Off-Street, Rented, Assigned

Features

Beach: No

Exterior: Brick

Exterior Features: Garden Area

Flooring: Wood, Tile, Marble

Foundation Size:

Foundation Description: Granite

Lot Description: City View(s)

Roof Material: Slate

Sewer Utilities: City/Town Sewer

Water Utilities: City/Town Water

Waterfront: No

Structural Information

  • Architectural Style: 5-9 Family
  • Stories Description: 5
  • Square Feet: 10,496
  • Year Built: 2015

Lot Features

  • Lot Size (Acres): 0.27
  • Lot Size (Sq. Ft.): 11,575

Financial Considerations

  • Tax Amount: $15,038.12
  • Tax Year: 2017