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Presenting a rare opportunity to acquire a fully occupied 6-unit multifamily property just moments from Revere Beach. Situated on a level lot with two driveway entrances and ample off-street parking, this investment offers strong in-place income with future upside. Current monthly rent roll is $12,100 with as-is pro forma rents projected to be at least $14,400/month, plus there is an approximately $2,000 annually in laundry income. Property features potential expansion for 2 additional units on the top level. Conveniently located near public transit with train access to Boston, major highways, shopping, dining, and a playground 1 block away on the same street. Excellent opportunity for investors seeking cash flow, appreciation, and long-term value add potential. Sellers reserve the right to accept an offer at anytime.

More Info

Basic Information

  • Gross Income $147,200
  • Lot Features Cleared, Level
  • Mls StatusNew
  • Parcel Number 1366599

Tax Information

  • Tax Assessed Value $1,295,500
  • Tax Year 2025
  • Taxes$11,431

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces7

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms9
  • Full Bath6

Basic Information

  • List Price$1,945,000
  • MLS Number73525052
  • Modification Date05/27/2026
  • Property SubType5-9 Family

Location

  • Address120 Dolphin
  • Building Number120
  • CountySuffolk
  • StateMA
  • StreetDolphin
  • TownRevere
  • Zip02151

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Levels 5
  • Patio And Porch Features Porch
  • Rooms21
  • Stories5
  • Units6
  • Year Built1970
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.19

Exterior

  • RoofShingle

Utilities

  • Electric Circuit Breakers
  • Electric Expense 990
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,180
  • Lot Size Square Feet 8,224
  • Lot Size Units Acres
  • Square Feet4,180

Amenities

  • Amenities
    • Conservation Area
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Public Transportation
    • Shopping
    • T-Station

Water Body

  • Miles to Beach0.3
  • Waterfront Features Ocean, Walk to,1/10 to 3/10 To Beach

Legal

  • ZoningRB

Other

  • Date Listed05/27/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Justin Brown of Three Hills Real Estate Service,LLC

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