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675 Beach Street

Revere, MA 02151
  • $2,549,000
  • STATUS: Active
  • MLS #: 72910655
$2,549,000
  • 25
    BEDS
  • 0.09
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 6,974
    SQFT
  • $366
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Listing courtesy of Tina Moll of Exit Realty Beatrice Associates.

Description

Amazing investment opportunity with great income and or future redevelopment potential. Location is everything! Steps to the Revere Beach "T" stop on Blue Line, steps to Mass General Hospital Revere and steps to Revere Beach. This is a 25 unit fully licensed lodging/rooming house in a top location, 3 studio apartments with private bathrooms, a coin op laundry downstairs and a managers office on site. Many renovations over the last few years.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-06T00:07:46.16.
www.parrottrealtygroup.com/homes/122596282
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675 Beach Street Revere, MA 02151

  • Price: $2,549,000
  • Status: Active
  • On Site: Days
  • MLS #: 72910655
25
Beds
10
Baths
0
½ Baths
0.09
Acres
6,974
SQFT
$366
$/SQFT
1920
Built
Neighborhood:
Other
County:
Suffolk
Area:
Other
Property Description
Amazing investment opportunity with great income and or future redevelopment potential. Location is everything! Steps to the Revere Beach "T" stop on Blue Line, steps to Mass General Hospital Revere and steps to Revere Beach. This is a 25 unit fully licensed lodging/rooming house in a top location, 3 studio apartments with private bathrooms, a coin op laundry downstairs and a managers office on site. Many renovations over the last few years.
Exterior Features

Beach Description OceanWalk To Beach Miles To 0 To 1/10 Mile Beach Ownership Public Beachfront Yes Exterior Vinyl Foundation Fieldstone Lot Description Level Parking Features On Street PermitOn Street Without Permit Parking Spaces 0 Road Type Public Roof Material Rubber Water View Features Ocean Waterfront Flag No Waterview Flag Yes

Interior Features

Basement Yes Basement Features Interior Access Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 1 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 3 Rooms Unit1 1 Rooms Unit2 1 Rooms Unit3 1

Property Features

Amenities Public TransportationShoppingMedical FacilityLaundromatT-Station Apod Available No Assessments 0.00 Disclosure No Disclosures Sellers Agent is Related. Expenses Source Owner Provided Expenses Year End 12/20 Gross Operating Income 247968 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 N Lender Owned No Multifamily Type 5+ Family - Rooming House Net Operating Income 31147 Rent Unit1 1475 Rent Unit2 1475 Rent Unit3 1100 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2020 Taxes 11465.30 Water City/Town Water Year Built Description Renovated Since Year Built Source Public Record Year Round Yes Zoning Lodging

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Tina Moll of Exit Realty Beatrice Associates.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-06T00:07:46.16.
 
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Listing courtesy of Tina Moll of Exit Realty Beatrice Associates.