MA
Suffolk
Revere
02151
233 Washington Ave
233 Washington Ave, Revere, MA 02151
Share Listing
Listing Type
Multi Family
Listing Status
Active
14
$1,415,000

Home Details for 233 Washington Ave

Price
$1,415,000
Type
Residential Income
Bedrooms
7
Total Bathrooms
6
Full Bathrooms
4
Half Bathrooms
2
Square feet
6457
Year built
1960
Lot size acres
0.08
County
Suffolk
Total rooms
16
Days on site
72
MLS Listing#
73481847
Property Description

Solid brick 4-unit mixed-use investment at 233 Washington St w/ 3 residential units on 581 Proctor Ave. At 233 Washington Ave is a 2000+ sq ft commercial dance studio with long-term tenant of 39 years. Residential units at 581 Proctor Ave include two 4-room/2-bedroom/1-bath apartments and one 6-room/3-bedroom unit with office or den. Common laundry room. Property currently operating at a strong 9% cap rate. All tenants are Section 8 with reliable income stream. All Delead Certificates in hand. Excellent cash flow, durable construction, and exceptional tenant stability make this a true investor opportunity. Dance studio leased till 2029. Public records has it listed as 581 Proctor but Google as 233 Washington.

Property Features
  • Cooling Information
    • None
    • Wall Unit(s)
    • Ceiling Fan(s)
  • Heating Information
    • Natural Gas
    • Baseboard
    • Zoned
  • Water Features
    • Public
  • House Interior
    • Ceiling Fan(s)
  • Fire Place
    • Wood Burning
Listing Courtesy: Trinity Real Estate - 781-231-9800
Presented by: Annemarie Torcivia
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.
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Median Listing Price
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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