$1,029,999 ($476.85 per sqft)

Est. Mortgage $4,940/mo *

Quick Pre-Approval

48-50 Arcadia St, Revere, (Oak Island), MA, 02151

48-50 Arcadia St, Revere, (Oak Island), MA, 02151

9 rooms

5 beds

3 Full baths

1987

2,160 sqft

Rarely does a property this turnkey hit the market steps from Revere Beach. The perfect trifecta: owner occupant dream, cash flowing investment, or condo conversion candidate. Unit 1 is a vacant, fully renovated 2 bed/2 bath featuring new flooring, fresh paint, stainless appliances, a master suite with private bath and walk-in closet, and a sliding glass door to a private covered patio. Unit 2, directly above, is a sun-drenched 3 bed/1 bath featuring soaring cathedral ceilings, large kitchen island, and a slider to a deck where ocean views await. Currently leased at $3,200/mo through 8/1 with the option to continue on month to month market rent ($3,500+). Each unit features brand new tankless water heaters, heat and AC, in-unit washer/dryer, and separate utilities. Newly landscaped fenced yard with arborvitae trees that divide it into two private retreats. Brand new exterior vinyl siding, new composite deck, cable railings, and 5 off-street parking spaces. Less than a mile from the T!


Status:

Active

Town:

Revere

Type:

Multi-family

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Units:

2

Zoning:

RB

Heating:

Central, Natural Gas

Cooling:

Central Air

Energy Features:

Thermostat

Levels:

2

Parking:

5-car, Shared Driveway, Off Street, Stone/Gravel, Unpaved

Acreage:

0.15

Est. Taxes:

$6,712

Assessment

$740,000

Construction

Modular

Utilities

for Electric Dryer, Washer Hookup, Varies per Unit

Lot Description:

Level

View Description:

Scenic View(s)

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, T-Station

Appliances:

Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer

MLS #:

73530597


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Joseph Samuelman, Stuart St James, Inc. 617-819-5850