54 Shirley Ave, Revere, MA 02151
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$1,940,000
6 Unit
12 Beds
6 Baths
4614 SQFT
0.10 Acre

Property Description

Discover this fully deleaded six-unit apartment building, ideally located just a short walk from the MBTA Revere Beach Blue Line station and scenic Revere Beach. The property features six spacious 2-bedroom units, three of which include an additional den (a bonus room without a closet, can be used as an office or bedroom). Currently, five units are occupied, with one unit vacant. Conveniently situated near shops, local amenities, Logan Airport, and major highways, this property offers both accessibility and lifestyle appeal. Notable upgrades include a new roof installed in 2018 and high-efficiency heating systems added to each unit in 2021.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 9
  • Total Bedrooms: 12
  • Total Full Baths: 6
  • Amenities: Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 166800
  • Gross Expenses: 21200
  • Electric Expenses: 200
  • Water/Sewer: 14000
  • INSC: 7000
  • Net Operating Income: 32200

Utilities

  • Electric Info: 110 Volts, On-Site
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Levels: 1

Unit 3 Description

  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 3

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73371938
  • Last Updated: 05/12/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/12/2025Active$1,940,000$420MLSPIN
05/08/2025New$1,940,000$420MLSPIN

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Seller's Representative: Haiying Ji, WinPlus Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-12 03:05:00

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