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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

  • Gross Income $104,700
  • Mls StatusNew
  • Parcel Number 1376506

Location

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

Exterior

  • Fencing Fenced/Enclosed

Utilities

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

Amenities

  • Amenities
    • Conservation Area
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Other AmenitiesBasement

Tax Information

  • Tax Assessed Value $1,182,400
  • Tax Year 2025
  • Taxes$10,724

Rooms

  • Bathroom7
  • Bathrooms Total Decimal 7
  • Bedrooms10
  • Full Bath7

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationOther
  • Levels 5
  • Patio And Porch Features Porch, Enclosed, Deck
  • Rooms23
  • Stories5
  • Units6
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Other

  • Date Listed08/05/2026
  • Farm Land Area Units Square Feet

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Basic Information

  • List Price$1,495,000
  • MLS Number73559548
  • Modification Date08/05/2026
  • Property SubType5-9 Family

Property

  • Acreage0.11

Interior

  • Flooring Tile, Vinyl, Carpet, Hardwood

Property Information

  • Building Area Source Public Records
  • Living Area 4,752
  • Lot Size Square Feet 5,001
  • Lot Size Units Acres
  • Square Feet4,752

Water Body

  • Waterfront Features Ocean, Beach Ownership(Public)

Map Location

Listed by Michelle Joslin-Chaves of Leading Edge Real Estate

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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