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4 BATH
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14 PARKING SPACES
36 Sears Street Revere MA 02151
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Multi-family
$ 1,825,000
- MLS #: 73003767
- Date added: 07/01/22
- Post Updated: 2022-07-01 20:15:02
- Type: 4 Family – 4 Units Side by Side
- Bedrooms: 11
- NO_HALF_BATHS: 1
- NO_FULL_BATHS: 4
- Status: Active
- Floors: 6
- Year built: 1985
- Area: 5485.00 sq ft
- Lot size: 7215.00 sq ft
Description
Two Lots – Fully Renovated 4 unit multifamily dwelling on the front lot that is 100% occupied with a strong credit tenant roster. This cash cow is producing over $11,700 a month for an annual gross income of $140,400. Potential to add value – the property consists of 14 parking spots that the landlord is currently not charging for. The second lot also has an existing two-story structure with redevelopment potential – buyer to do their own due diligence as to what can be built. Located less than a 1/2 mile from the Wonderland T stop and just steps from the beach. Direct access to Revere Beach and ocean views from the rear roof deck.Unit breakdown: 2 bed, 2 bed, 3 bed, 4 bed.
Rooms&Units Description
- NO_UNITS: 4
- LEVELS_1: 1
- FLRS_1: 1
- BEDRMS_1: 2
- F_BTHS_1: 2
- RMS_1: 5
- RMS_DSCRP_1: Living Room,Kitchen
- LEASE_1: Y
- RENT1: 2400
- RNT_DSCRP_1: Heat,Electric,Gas,Water,Hot Water
- HEA_DSCRP_1: Hot Water Baseboard
- IFE_DSCRP_1: Cable TV Available,Balcony/Deck,Tile Floor,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower,Open Floor Plan,Remodeled,Slider
- COL_DSCRP_1: Window AC
- APP_DSCRP_1: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer
- LEVELS_2: 1
- FLRS_2: 1
- BEDRMS_2: 3
- F_BTHS_2: 3
- RMS_2: 6
- RMS_DSCRP_2: Living Room,Kitchen,Family Room,Office/Den
- LEASE_2: Y
- RENT2: 3000
- RNT_DSCRP_2: Heat,Electric,Gas,Water,Hot Water
- HEA_DSCRP_2: Hot Water Baseboard
- IFE_DSCRP_2: Cable TV Available,Balcony/Deck,Tile Floor,Fireplace – Wood burning,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower,Slider
- COL_DSCRP_2: Window AC
- APP_DSCRP_2: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer
- FRPLCS_2: 1
- LEVELS_3: 1
- FLRS_3: 2
- BEDRMS_3: 2
- F_BTHS_3: 2
- RMS_3: 4
- RMS_DSCRP_3: Living Room,Kitchen
- RNT_DSCRP_3: Heat,Electric,Gas,Water,Hot Water
- HEA_DSCRP_3: Hot Water Baseboard
- IFE_DSCRP_3: Ceiling Fans,Cable TV Available,Storage,Tile Floor,Stone/Granite/Solid Counters,Bathroom with Shower Stall,Slider
- COL_DSCRP_3: Window AC
- APP_DSCRP_3: Range,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer
- LEVELS_4: 2
- FLRS_4: 2
- BEDRMS_4: 4
- F_BTHS_4: 4
- H_BTHS_4: 1
- RMS_4: 11
- RMS_DSCRP_4: Living Room,Dining Room,Kitchen,Family Room
- RNT_DSCRP_4: Heat,Electric,Gas,Water,Hot Water
- HEA_DSCRP_4: Hot Water Baseboard
- IFE_DSCRP_4: Ceiling Fans,Cable TV Available,Pantry,Storage,Balcony/Deck,Tile Floor,Fireplace – Wood burning,Hardwood Floors,Upgraded Cabinets,Upgraded Countertops,Wood Flooring,Bathroom with Shower Stall,Remodeled,Skylight,Slider
- COL_DSCRP_4: Window AC,Wall AC
- APP_DSCRP_4: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer
- FRPLCS_4: 1
- TOTAL_ROOMS: 26
- NO_ROOMS: 26 30
- OTH4_DSCRP: 1
View on map / Neighborhood
Location Details
- COUNTY: Suffolk
- DIRECTION: Located off Route 1A
- CITY / TOWN: Oak Island
- ZONING: RB
Property Details
- LOT_DESCRIPTION: Corner,Paved Drive
- TOTAL_LEVELS: 5
- LEVELS: Three Or More
- ACRE: 0.17
- LIST_PRICE_PER_SQFT: 332.73
- ASSESSMENTS: 940000.00
- TOTAL_RENT: 11700
Property Features
- EXTERIOR_FEATURES: Deck – Roof,Deck – Wood,Deck – Vinyl,Balcony,Gutters,Decorative Lighting,Fenced Yard
- BASEMENT: No
- FOUNDATION: Poured Concrete
- FLOORING: Wood,Vinyl
- PARKING_SPACES: 14
- PARKING_FEATURE: Off-Street
- FIRE_PLACES: 2 2
- SEWER: City/Town Sewer
- WATER: City/Town Water
- WATERFRONT_FLAG: No
- WATERVIEW_FEATURES: Ocean
- WATERVIEW_FLAG: Yes
- BEACH_DESCRIPTION: Direct Access,Walk to
- BEACH_OWNERSHIP: Public
- BEACHFRONT_FLAG: Yes
Fees&Taxes
- TAX_YEAR: 2022
- TAXES: $ 9,400
Miscellaneous
- LENDER_OWNED: No
- EXPENSES_YEAR_END: 12/22
This 4 Family – 4 Units Side by Side style property is located in is currently Multi-family and has been listed on Hartley Realty Group. This property is listed at $ 1,825,000. It has 11 beds bedrooms, bathrooms, and is 5485.00 sq ft. The property was built in 1985 year.
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