MA
Suffolk
Revere
02151
19 Fernwood Ave
19 Fernwood Ave, Revere, MA 02151
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Listing Type
Commercial/Industrial
Listing Status
Active
24
$1,495,000

Home Details for 19 Fernwood Ave

Price
$1,495,000
Type
Commercial Sale
Year built
1910
Lot size acres
0.11
County
Suffolk
MLS Listing#
73569825
Property Description

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.

Property Features
    Listing Courtesy: Leading Edge Real Estate - 781-979-0100
    Presented by: Michelle Joslin-Chaves
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    EXIT BAYSIDE REALTY
    1827 Dorchester Avenue, Boston, MA 02124
    Office
    617 265 6111
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