120 Dolphin, Revere, MA 02151
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$1,945,000
6 Unit
9 Beds
6 Baths
4180 SQFT
0.19 Acre

Property Description

Presenting a rare opportunity to acquire a fully occupied 6-unit multifamily property just moments from Revere Beach. Situated on a level lot with two driveway entrances and ample off-street parking, this investment offers strong in-place income with future upside. Current monthly rent roll is $12,100 with as-is pro forma rents projected to be at least $14,400/month, plus there is an approximately $2,000 annually in laundry income. Property features potential expansion for 2 additional units on the top level. Conveniently located near public transit with train access to Boston, major highways, shopping, dining, and a playground 1 block away on the same street. Excellent opportunity for investors seeking cash flow, appreciation, and long-term value add potential. Sellers reserve the right to accept an offer at anytime.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 9
  • Total Full Baths: 6
  • Amenities: Conservation Area, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Public Transportation, Shopping, T-Station

Financial

  • APOD Available: Yes
  • Expenses Source: Accountant Provided
  • Gross Operating Income: 147200
  • Gross Expenses: 30549
  • GSE: 3065
  • Electric Expenses: 990
  • Water/Sewer: 7531
  • INSC: 16887
  • Miscellaneous Expense: 2076
  • Net Operating Income: 114651

Utilities

  • Electric Info: Circuit Breakers, Underground
  • 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
  • Floors: 1
  • Levels: 1

Unit 3 Description

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

Unit 4 Description

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

Construction

  • Year Built: 1970
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73525052
  • Last Updated: 05/31/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/31/2026Active$1,945,000$465MLSPIN
05/27/2026New$1,945,000$465MLSPIN

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Seller's Representative: Justin Brown, Three Hills Real Estate Service, LLC
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 2026-05-31 03:07:00

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