Carey Rooney - HK Realty Logo
$1,495,000
 $8,025 est/mo Sourced by Back At You

19 Fernwood Ave,Revere, MA 02151

Revere, MA 02151

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Description

LOCATION! LOCATION! LOCATION! Revere Multifamily Investment: Six-Unit Income Generator, A rare find in this market! This six-unit multifamily property delivers immediate income potential in a high-demand rental market. Located in Revere, just miles north of Boston, the property is situated near Route 1 and Route 16 w/ direct access to bus lines and Blue Line, positioning tenants for easy commuting. Grocery stores and retail shops nearby enhance rental appeal.The unit mix maximizes income diversity: one spacious three-bedroom, two-bath unit anchors the property, paired with a three-bedroom, one-bath unit in addition to 4 one-bedroom units. Currently occupied with one unit vacant, the property demonstrates strong rental demand characteristic of this community market. Well-maintained and move-in ready. Fifty-plus years under single ownership reflects stability and proven management. This turnkey, established income stream is a great addition to your portfolio. Group showings only.

Details

MLS #73559548
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1910
Days On Site22
Listing Provided ByLeading Edge Real Estate | Michelle Joslin-Chaves

Features

Bed(s)10
Bath(s) 7 Total
SQ Feet4,752
BasementY
Story(s)5
Units6
Zoningres
Acreage0.11
Water FrontYes

Interior

Rooms Total23
Fireplaces Total0
Fireplace Yes / NoNo
FlooringTile, Vinyl, Carpet, Hardwood

Exterior

Foundation DetailsOther
FencingFenced/Enclosed

Parking

Garage Yes / NoNo
Parking FeaturesOn Street
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Annual Amount10724
Tax Assessed Value1182400
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Senior Community Yes / NoNo

Area Information

StateMA
CountySuffolk
CityRevere
Zip Code02151
AreaSuffolk
Listing VS Median (in 02151)
Price:
$1,495,000
low | high
Med:
$419,950
100% of Average
sqft:
4,752
low | high
Med:
942
100% of Average
$ / sqft:
$315
low | high
Med:
$463
2.764989218225% of Average
On site:
22
low | high
Med:
8
100% of Average
Sourced by Back At You

Market Activity 02151

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Additional Information

Showing Information

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Learn More About This Property

Carey Rooney

Carey Rooney

HK Realty

Relocation Specialist, RESA Certified Staging Advocate (603) 475-4087carey.rooney@h-krealty.com
StateMA
CountySuffolk
CityRevere
Zip Code02151
AreaSuffolk
Listing VS Median (in 02151)
Price:
$1,495,000
low | high
Med:
$419,950
100% of Average
sqft:
4,752
low | high
Med:
942
100% of Average
$ / sqft:
$315
low | high
Med:
$463
2.764989218225% of Average
On site:
22
low | high
Med:
8
100% of Average
Sourced by Back At You
Listing Updated: August 26, 2026 at 11:35:45 PM PDT

Carey Rooney - HK Realty