Property Description

Clear your calendar to come see your next investment property in Revere! Also great for owner occupants. A classic triple decker in fantastic condition. There are three off-street tandem parking spaces. Located .7 mi from Wonderland Station, .4 mi from Revere Beach Station, and .2 mi from the #119 bus stop. There is one newer washer and dryer in the basement shared by all tenants. There is only one boiler heating system in excellent condition. All electrical wires / breakers are updated. All of the units are in great condition. This property will not last! 1st floor unit has a back deck, the others do not. The 2nd and 3rd floor units have converted front decks into small bonus rooms suitable for storage or an office. Kitchens are EIK and have quality engineered hardwood floors. All baths are tiled. The rest is wall to wall carpet, likely to have hardwood floors underneath. The roof is approximately 12 years old. Floor Plans are coming on Tuesday Feb 25th.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 12
  • Total Full Baths: 3
  • Amenities: Public Transportation, T-Station
  • Basement Features: Concrete Floor, Full, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Sunroom
  • Common Interior Features: Bathroom With Tub & Shower, Pantry, Storage, Tile Floor
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Common Heating: Electric Baseboard, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Oil, Radiant
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided, Pro. Forma Available
  • Gross Operating Income: 90000
  • Gross Expenses: 58355
  • GSE: 5790
  • Electric Expenses: 118
  • Water/Sewer: 4937
  • INSC: 5342
  • Repairs & Maintenance: 6539
  • RFS: 70
  • Management Fee: 4375
  • Net Operating Income: 31645

Utilities

  • Heat Zones: 3
  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Gas, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Gas, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Gas, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73337662
  • Last Updated: 03/04/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/04/2025Contingent$1,079,000$290MLSPIN
02/28/2025Active$1,079,000$290MLSPIN
02/24/2025New$1,079,000$290MLSPIN

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Seller's Representative: John Gallant, Keller Williams Realty Evolution
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-04 14:39:00

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