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23384794
23384795

473 Revere Beach Pkwy, Revere, MA 02151

NorthEast Private Client Group Shelton
FS
MA: 149766
NorthEast Private Client Group Newton
DK
MA: 134670
NorthEast Private Client Group Newton
JC
MA: 9568843
NorthEast Private Client Group Newton
Listed by NorthEast Private Client Group Shelton, NorthEast Private Client Group Newton
$3,250,000
388 days on market
Updated 127 days ago
Opportunity zone

473 Revere Beach Parkway

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,400
Units 8
Cap Rate 6%
NOI $195,106
Year Built 2014
Acreage 0.270

8-Unit Multifamily Property | Revere, MA

Marketing description

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.

Investment 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

Listing Contacts

NorthEast Private Client Group Shelton
FS
MA: 149766
NorthEast Private Client Group Newton
DK
MA: 134670
NorthEast Private Client Group Newton
JC
MA: 9568843
NorthEast Private Client Group Newton
Listed by NorthEast Private Client Group Shelton, NorthEast Private Client Group Newton

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$195,106.00
$16,258.83/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Anthony Rakuskas
License
9588289
Brokerage
Northeast Private Client Group
Title
Associate
Brokerage Address
300 Washington Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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