473 Revere Beach Pky - Apartments FOR SALE


Revere, MA 02151- Crescent Beach
$3,250,000 USD
203-414-9232
473 Revere Beach Pky, Revere, MA for Sale
$3,250,000 USD
Apartments - FOR SALE
1/13
null | 6% Cap Rate

473 Revere Beach Pky
Revere, MA 02151
Crescent Beach


HIGHLIGHTS

  • Eight Residential Units | Built 2014
  • 2-bedroom, 1-bathroom Floorplans
  • Separately Metered Utilities for Electric, Gas & Water
  • Elevator access, Video Intercom System, and Secure Entry
  • Private Decks and Garage Parking
  • Minutes to Revere Beach, Logan Airport, and Downtown Boston

OVERVIEW

Northeast Private Client Group is pleased to present the Revere Beach Parkway Apartments located at 473 Revere Beach Pkwy, Revere, MA. This turnkey multifamily apartment building features eight modern two-bedroom, 1-bath units approximately 1,050 SF. Each unit has contemporary finishes, including beautiful bamboo flooring, ceiling fans, and large open concept living/dining/kitchen areas. The kitchens are equipped with eat-in spaces, breakfast bars, and island/peninsula configurations, complemented by programmable underfloor warming systems in both the kitchen and bathroom. Additional amenities include in-unit laundry, central heat and A/C, video intercom systems, and elevator access. Strong transit connectivity with multiple MBTA bus routes at the doorstep and the Blue Line (Revere Beach Station) within walking distance. Ideal for an investor seeking low-maintenance income or a 1031 exchange. All interested and qualified parties will have the opportunity to tour the building along with obtaining additional information upon request.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

8

PRICE/UNIT

$406,250

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2014

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

GB

APN/PARCEL ID

REVE-000007-000122C-000003

ASK ABOUT THIS PROPERTY

Francis SaenzNortheast Private Client GroupMore Info
203-414-9232

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Francis SaenzNortheast Private Client GroupMore Info
203-414-9232

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