120 Dolphin Ave - Apartments FOR SALE


Revere, MA 02151- Beachmont
$1,945,000 USD
833-434-4557
120 Dolphin Ave, Revere, MA for Sale
$1,945,000 USD
Apartments - FOR SALE
1/15
null | 6% Cap Rate

120 Dolphin Ave
Revere, MA 02151
Beachmont


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,945,000 USD

PRICE/SF

$465 USD /SF

# OF UNITS

6

PRICE/UNIT

$324,167

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

120 Dolphin Ave. Revere, Massachusetts

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,304 SF

ZONING

RB

APN/PARCEL ID

REVE-000002-000053-000013

ASK ABOUT THIS PROPERTY

Juztin BrownThree Hills Real Estate Service LLCMore Info
833-434-4557

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Juztin BrownThree Hills Real Estate Service LLCMore Info
833-434-4557

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.