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549 Beach St
Revere, MA 02151
Multifamily Property For Sale · 5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 5,100 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1900 |
| Building Class | C |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,100 SF |
| No. Stories | 3 |
| Year Built | 1900 |
About 549 Beach St , Revere, MA 02151
Northeast Private Client Group is pleased to present the Beach Street Multifamily located at 549 Beach Street, Revere, MA. This 5,196 SF building is with five (5) unique units. The unit mix is comprised of two (2) one bedroom apartments, two (2) two bedroom apartments and a three bedroom apartment. This building boasts tenant paid utilities and income producing laundry machines. The property also includes off-street, income producing parking available to the tenants. An opportunistic investor can use light cosmetic improvements to help raise rents to market levels. This investment is located in a qualified opportunity zone and could be subject to tax benefits. Please refference the next page for more information. Revere is approximately 5 miles from Boston and has a population of about 52,000. The median household income is about $37,000. Revere Beach was the focus of a major revitalization project in the 1980's and now has established itself as a desirable housing destination for working professionals that want to live outside of the city.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 2 | - | - |
| 3+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | REVE-000008-000147-000015 | Improvements Assessment | $1,138,400 |
| Land Assessment | $241,000 | Total Assessment | $1,379,400 |
PROPERTY TAXES
zoning
| Zoning Code | GB |
| GB |
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