MA
Suffolk
Revere
02151
233 Washington Ave
233 Washington Ave, Revere, MA 02151
Share Listing
Listing Type
Multi Family
Listing Status
Pending
14
$1,399,000

Home Details for 233 Washington Ave

Price
$1,399,000
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
191
MLS Listing#
73481847
Property Description

BACK ON MARKET – MIXED-USE INVESTMENT OPPORTUNITY! Solid brick 4-unit property offering strong residential and commercial income. Commercial space consists of a 2,000+ sq. ft. dance studio with a long-term tenant of approximately 39 years and lease through 2029. Three residential units include two 2-bedroom units and one 3-bedroom unit with office/den. Residential units are Section 8 with delead certificates in hand. Currently operating at approximately an 8% cap rate. Common laundry and 3 off-street parking spaces. Excellent cash flow, established tenants and multiple income streams make this a solid addition to an investor’s portfolio. All financials, leases, and lead certs available after accepted offer.

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
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT BAYSIDE REALTY
1827 Dorchester Avenue, Boston, MA 02124
Office
617 265 6111
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