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.
- Parking:
- Off Street, Paved Drive
- Construction:
- Frame
- Sewer:
- Public Sewer
- Water:
- Public
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 4
- Parking Spaces:
- 7
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $465
- Zoning:
- RB
- No Units:
- 6
- Orig Price:
- $1,945,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Revere
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02151
- Longitude:
- W71° 0' 48.2''
- Latitude:
- N42° 23' 57''
Residential Income
120 Dolphin, Revere, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,945,000
- Bedrooms :
- 9
- Rooms :
- 21
- Total Bathrooms :
- 6
- Full Bathrooms :
- 6
- Square Footage :
- 4,180 Sqft
- Year Built :
- 1970
- Lot Area :
- 0.19 Acre
- Listing ID :
- 73525052
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com