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Kathleen Sposato

soldwithsposato@gmail.com +1(508) 523-8632

$1,250,000

Est. payment - /mo

1 Bed

5 Baths

2,790 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 2,790 sqft

Price per Sqft $448

MLS Listing ID 73602077

Bedrooms 1

Full Baths 5

Year Built 1972

Annual Tax Amount $11,249

Tax Year 2026

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

RARE INVESTMENT OPPORTUNITY! A portfolio of five condominiums located within a professionally managed 11-unit building in Revere! An excellent opportunity for investors looking to expand their rental portfolio without the extensive maintenance and upkeep associated with traditional multifamily ownership. Each condominium offers a comfortable and functional open layout, vinyl flooring, kitchens with ample cabinet space, and covered balconies. With estimated market rents ranging from $2,200 to $2,400 per month per unit, this portfolio offers strong rental income potential. Condo fees include heat, hot water, water, sewer, master insurance, laundry facilities, exterior maintenance, landscaping, snow removal, trash removal, and professional management. Conveniently located along Broadway, with easy access to local restaurants, shopping, public transportation, major highways, and Downtown Boston. Off-street parking is available on a first-come, first-served basis. A unique opportunity to acquire five income-producing assets in one building while benefiting from the convenience of condominium ownership. All five units are available for purchase as a package!

Location

State MA

County Suffolk

Zoning GB

Direction From Mountain ave turn onto Broadway

Interior

Interior Features Living Room, Kitchen

Appliance Range, Refrigerator

Exterior

Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School

Waterfront Description Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)

Roof Type Rubber

Total Parking Spaces 9

Garage No

Building

Lot Description Other

Story 5

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

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Listed by Broad Sound Real Estate, LLC

NEARBY SCHOOL & BUSINESS

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Kathleen Sposato

+1(508) 523-8632

Broker License ID: 9084437

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509 Broadway 1, 4, 7, 10, & 11 Revere, MA 02151

Kathleen Sposato

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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509 Broadway 1,4,7,10, & 11