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RARE INVESTMENT OPPORTUNITY! A portfolio of five condominiums located within a professionally managed 11-unit building in Revere! An excellent opportunity for investors looking to expand their rental portfolio without the extensive maintenance and upkeep associated with traditional multifamily ownership. Each condominium offers a comfortable and functional open layout, vinyl flooring, kitchens with ample cabinet space, and covered balconies. With estimated market rents ranging from $2,200 to $2,400 per month per unit, this portfolio offers strong rental income potential. Condo fees include heat, hot water, water, sewer, master insurance, laundry facilities, exterior maintenance, landscaping, snow removal, trash removal, and professional management. Conveniently located along Broadway, with easy access to local restaurants, shopping, public transportation, major highways, and Downtown Boston. Off-street parking is available on a first-come, first-served basis. A unique opportunity to acquire five income-producing assets in one building while benefiting from the convenience of condominium ownership. All five units are available for purchase as a package!

More Info

Basic Information

  • Gross Income $51,600
  • Listing Terms Contract
  • Lot Features Other
  • Mls StatusNew
  • Parcel Number M:0016 B:0262 L:0263 U:00
  • Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)

Tax Information

  • Tax Assessed Value $983,600
  • Tax Year 2026
  • Taxes$11,249

Parking

  • Parking Features Off Street, Common
  • Parking Spaces9

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms1
  • Full Bath5

Basic Information

  • List Price$1,250,000
  • MLS Number73602077
  • Modification Date11/13/2026
  • Property SubType5+ Family - 5+ Units Side by Side

Location

  • Address509 Broadway 1,4,7,10, & 11
  • Building Number509
  • CountySuffolk
  • StateMA
  • StreetBroadway 1,4,7,10, & 11
  • TownRevere
  • Zip02151

Building

  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationOther
  • Levels 5
  • Rooms14
  • Stories5
  • Units5
  • Year Built1972
  • Year Built Details Approximate
  • Year Built Source Public Records

Interior

  • Interior Features Living Room, Kitchen

Exterior

  • RoofRubber

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,790
  • Lot Size Units Acres
  • Square Feet2,790

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
  • Appliances IncludedRange, Refrigerator

Water Body

  • Miles to Beach2
  • Waterfront Features Ocean,1 to 2 Mile To Beach, Beach Ownership(Public)

Other

  • Date Listed11/13/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Nicholas Daher of Broad Sound Real Estate,LLC

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