CENTURY 21 NS Group

895 Broadway, Revere, MA 02151

Multi-Family

$929,000
Price

4
Units
3,050
Approx. GLA
Huge price drop!Truly Unique Mix Use Property in the Heart of Revere with Residential Rental Units and Separate Commercial Space. The property is made up of 3 residential rental units, 1st floor has 3 bedrooms, one bath, Kitchen, Living Room. The two units on the second floor each have a 1 bedroom, 1 bath and Kitchen/Living Room Area. Rents are below market value. Property is located on Broadway with Public Bus Line. The Commercial Property includes a Store Front with an active Laundry Drop Off / Wash / Dry / Fold / Delivery Service, an established business for 30 years. All equipment included. It is located on a busy street with pedestrian traffic as well as other business in the area that draws activity. The laundry service is attached to 2 Commercial Garages which can be used in unison with the laundry business or separately for commercial business, I.E. Glass , upholstery, commercial rental.
Open House
No scheduled Open Houses
Highlights
Basement Features: Partial, Walk Out, Concrete Floor, Unfinished Basement
List Price: $929,000
Type: Multi-Family
Multi-Family Type: 4 Family - 4 Units Up/Down
Status: Active
Beds: 5
Baths: 3
Half Baths: 1
Units: 4
Year Built: 9999
Approx. GLA: 3,050
MLS#: 72249038
Interior
Basement: Yes
Electric Features: 110 Volts, 220 Volts, Circuit Breakers, 200 Amps
Heating Units: 4
Heating Zones: 4
Energy: Insulated Windows
Hot Water: Natural Gas
Rooms: 14
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.14
Lot Size: 6,177.00
Lot Description: Paved Drive
Foundation: Poured Concrete, Concrete Block, Fieldstone
Garage Spaces: 2
Parking Spaces: 6
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint., Sidewalk
Roof Material: Shake
Utility: for Gas Range
Exterior: Vinyl, Stone
Exterior Features: Gutters
Water: City/Town Water
Water: City/Town Water
Sewage District: MWRA
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $412,100
Taxes: $5,765
Tax Year: 2017
Book/Page: 1/1
Beach
Beach: Yes
Miles to Beach: 1/2 to 1 Mile
Beach Description: Ocean
Beach Ownership: Public
Expenses
Gross Income: $70,800
Net Income: $70,800
 
Additional
Amenities: Public Transportation, Highway Access, Public School
Exclusions: Gross Income does not include laundry service income.
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 1 1 0 No 1 $1,200
Unit 2 3 1 0 2 1 0 No 2 $1,000
Unit 3 3 1 0 2 1 0 2 $900
Unit 4 1 0 0 1 0 1 No 1 $2,800
Map
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The listing office is Century 21 North Shore and the listing agent is John Carey. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/14/2017 9:35:00 AM.
 
Office - Danvers
Office - Danvers
CENTURY 21 NS Group