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549 Beach St
Revere, MA 02151

Residential Property For Sale · 5 Units

PROPERTY FACTS

No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.12 AC
Building Size 5,100 SF
Number of Floors 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

PROPERTY TAXES

Parcel Number
REVE-000008-000147-000015
Land Assessment
£189,836
Improvements Assessment
£896,718
Total Assessment
£1,086,553

zoning

Zoning Code GB
GB
  • Listing ID: 14894673

  • Date on Market: 17/01/2019

  • Last Updated:

  • Address: 549 Beach St, Revere, MA 02151

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