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233 Washington Avenue

Revere MA 02151

7
6
5
6457 sq. ft.
3615 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

7 bedrooms
6 bathrooms
5 carspaces
5 open car spaces
6457 sq. ft. floor area
3615 sq. ft. lot size
Other

Happy sellers in Revere

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Local market activity for 7 bedroom other properties in Revere

In the last 12 months, 2 seven-bedroom other properties similar to 233 Washington Avenue, have been sold.

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