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MaryJane Silva

mjsellscapecodshomes@gmail.com +1(508) 317-9195

$ 1,415,000

Est. payment | -/mo

7 Beds

5 Baths

6,457 SqFt

Save

$ 1,415,000

Est. payment | -/mo

Save

7 Beds

5 Baths

6,457 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,457 sqft

Price per Sqft $219

MLS Listing ID 73481847

Bedrooms 7

Full Baths 4

Half Baths 2

Year Built 1960

Annual Tax Amount $14,000

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type 4 Family

Property Description

Solid brick 4-unit mixed-use investment at 233 Washington St w/ 3 residential units on 581 Proctor Ave. At 233 Washington Ave is a 2000+ sq ft commercial dance studio with long-term tenant of 39 years. Residential units at 581 Proctor Ave 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 8% 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. Public records has it listed as 581 Proctor but Google as 233 Washington Ave

Location

State MA

County Suffolk

Zoning Mixed Use

Direction Washington - Proctor

Interior

Interior Features Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Ceiling Fan(s), Studio, Living Room, Kitchen, Living RM/Dining RM Combo, Office/Den

Heating Baseboard, Natural Gas

Cooling None, Wall Unit(s)

Flooring Wood, Tile

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Range, Microwave, Refrigerator, Dishwasher, Other

Exterior

Community Features Public Transportation, Shopping

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot

Story 4

Foundation Slab

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by Trinity Real Estate

Schools and Properties Nearby

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+1(508) 317-9195

mjsellscapecodshomes@gmail.com

Learn More About LPT Realty

233 Washington Ave Revere, MA 02151