624 Broadway - Apartments FOR SALE


Revere, MA 02151- West Revere
$1,370,000 USD
857-990-6802
624 Broadway, Revere, MA for Sale
$1,370,000 USD
Apartments - FOR SALE
1/2
null | 7.03% Cap Rate

624 Broadway
Revere, MA 02151
West Revere


HIGHLIGHTS

  • 4 Unit Multifamily Property
  • 1, 2 and 4 Bedroom Layouts
  • Off-Street Parking

OVERVIEW

Northeast Private Client Group is pleased to present the Broadway Apartments located on 624 Broadway in Revere, MA. Five miles north of Downtown Boston and close to Boston Logan International Airport. This 3,495 sq ft 4-unit multifamily built in 1920 consists of (2) One Bedroom (1) Two Bedroom and (1) Four Bedroom floorplans. Tenants enjoy off street parking, on-site coin operate laundry and proximity to all that Broadway has to offer. This offering is ideal for an owner-use or for an investor looking to step into a in-place cap rate of 7%. All interested and qualified parties will be able to tour the building during scheduled appointments and obtain more information upon request.

FOR SALE DETAILS

PRICE

$1,370,000 USD

PRICE/SF

$392 USD /SF

# OF UNITS

4

PRICE/UNIT

$342,500

CAP RATE

7.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Broadway Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,929 SF

ZONING

GB

APN/PARCEL ID

REVE-000024-000408-000011

ASK ABOUT THIS PROPERTY

Drew KirklandNortheast Private Client GroupMore Info
857-990-6802

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Drew KirklandNortheast Private Client GroupMore Info
857-990-6802

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