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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.

More Info

Basic Information

  • Mls StatusNew
  • Parcel Number 1376506

Tax Information

  • Tax Year 2025
  • Taxes$10,724

Basic Information

  • List Price$1,495,000
  • MLS Number73569825
  • Modification Date08/29/2026

Location

  • Address19 Fernwood Avenue
  • Building Number19
  • CountySuffolk
  • StateMA
  • StreetFernwood Avenue
  • TownRevere
  • Zip02151

Building

  • Building Area Units Square Feet
  • Year Built1910

Property

  • Acreage0.11

Property Information

  • Lot Size Square Feet 5,001
  • Lot Size Units Acres

Legal

  • Zoningcom 5+res
  • Zoning Description Other (See Remarks)

Other

  • Date Listed08/29/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Michelle Joslin-Chaves of Leading Edge Real Estate

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