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233 Washington Avenue

Revere MA 02151

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

Overview

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 8% 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 Ave

Features

7 bedrooms
6 bathrooms
6457 sq. ft. floor area
3615 sq. ft. lot size
Other

Happy sellers in Revere

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We have insufficient information to provide an overview of customer satisfaction for Revere. Viewing the agent profiles, reviews and sales for Revere can provide insights for this location.

Local market activity for 7 bedroom other properties in Revere

In the last 12 months, 1 seven-bedroom other similar to 233 Washington Avenue, have been sold.

This represents a 50% increase in seven-bedroom other properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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