1,399,000

House for sale Revere

Overview

SUMMARY: Discover an opportunity with this Revere house for sale and available for 1,399,000. This could be your next ideal home or a smart investment. More details await.
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.
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Details

  • Beds: 7
  • Baths: 4.5
  • Price: 1,399,000
  • Reference No.: 95996039
  • Area: 6,457 sqft

Location

Marketed by:

  • Annemarie Torcivia
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