(5 Unit) Multi-Family in Revere – Ocean Views, Turnkey A++ Investment Property. Brand-new, fully gut-renovated in 2024, steps from Revere Beach and the Blue Line. Unit Breakdown & Rents:4 Bed 2 bath- $4000 2 bed 1 bath- $2950 1 bed 1 bath- $2500 1 bed 1 bath- $2500 1 bed 1 bath- $2500 Parking Spots. Monthly Rent Roll: $14,450. Yearly Rent Roll: $173,400. Highlights:Renovated top-to-bottom in 2024 to condo-level quality. Energy-efficient systems and low utility bills. Strong tenant base, zero building issues. Two top-floor 1-bed units with direct ocean views. One minute walk to the Blue Line T. Close to Shirley Ave shops & restaurants, and just 8 minutes to Suffolk Downs. Parking not currently monetized (potential upside)Across the street from Revere Beach. Disclaimer: Listing agent owns interest in the property. NOTES: PLEASE DO NOT DRIVE BY PROPERTY OR DISTURB TENANTS.
6 Garfield, Revere, MA, 02151
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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