233 Washington Ave, Revere, MA 02151

  • Under Agreement

 $1,399,000

  • 7 BedroomBedrooms
  • 6 BathroomBathrooms
  • 4,284 Sq.Ft.
  • Multi-Family
  • Under Agreement
  • MLS# 73481847
  • Sold On
  • Rental
0 More Schedule
Source MLS Verified

PROPERTY DESCRIPTION

BACK ON MARKET MIXED-USE INVESTMENT OPPORTUNITY! Solid brick 4-unit property offering strong residential and commercial income. Commercial space consists of a 2,000+ sq. ft. dance studio with a long-term tenant of approximately 39 years and lease through 2029. Three residential units include two 2-bedroom units and one 3-bedroom unit with office/den. Residential units are Section 8 with delead certificates in hand. Currently operating at approximately an 8% cap rate. Common laundry and 3 off-street parking spaces. Excellent cash flow, established tenants and multiple income streams make this a solid addition to an investors portfolio. All financials, leases, and lead certs available after accepted offer.

Property Details

General

  • County: Suffolk
  • Acreage: 0.08
  • Beds: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Year Built: 1960
  • Sq. Ft.: 4,284
  • Lot Description: Corner Lot
  • Garage/Parking Spaces: 0.00

Interior Features

  • Interior Features: Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Ceiling Fan(s), Studio, Living Room, Kitchen, Living RM/Dining RM Combo, Office/Den

Financial Considerations

  • Tax Amount: $14,000
  • Tax Year: 2025

Activity

  • Days On Market: 160
  • List Date: 03/03/2026
 

This calculator is provided by Burrow Services, Inc. for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax, or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

Request Info / Schedule Showing

Realty ONE Group, Inc is powered by Burrow Services, Inc.