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Listed price in listed location currency (USD).
$1,489,000

760

MLS® 73481847

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 6457 sqft
Garage No
Taxes $14,000
Days Active 1
Lot Size 0.08 acres
Approx. Age 1960
Avg. Price Per Sqft $230
MLS® Number 73481847

Property Address: 581 & 233 Proctor Ave, Revere, MA, 02151-4909

Average square foot calculated using Size range provided by listing agent.

Description

Solid brick 4-unit mixed-use investment at 581 Proctor Ave & 233 Washington St featuring 3 residential units and a 2000+ sq ft commercial dance studio with long-term tenant of 39 years. Residential units include two 4-room/2-bedroom/1-bath apartments and one 6-room/3-bedroom unit with office or den. Common laundry room. Property currently operating at a strong 9% cap rate. All tenants are Section 8 with reliable income stream. All Delead Certificates in hand. Excellent cash flow, durable construction, and exceptional tenant stability make this a true investor opportunity. Dance studio leased till 2029. .
MLS® Number73481847
Laundry Level
Central VacNo
FireplaceNo
Acreage0.08
Exterior
GarageNo
Approx. Age1960
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 3, 2026List Date
$1,489,000List Price
  • Commute

Commute

Starting Address
Destination Address
581 & 233 Proctor Ave, Revere, MA

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