802 Winthrop is an oversized recently renovated three family boosting three large units consisting of two (2) three-bedroom, 1 bathroom, and one (1) four-bedroom 1 bathroom unit. Each unit features hardwood floors, large room sizes, updated windows, dedicated laundry, dedicated storage units, large eat-in kitchens, renovated bathrooms, and just a short walk to the beach. The tenants are responsible for their own separately metered heat, hot water, and electric while the landlord pays for water/sewer. The property is conveniently located in the Beachmont neighborhood of Revere and close proximity to the MBTA Blue Line (Beachmont stop). The property is also within walking distance of the new Suffolk Downs development that is well underway. All units are paying top rents and are on annual leases totaling 8200 per month and also has property management in place if you wish to keep it. Do not miss your opportunity to obtain this strong cash flowing property close to Boston and amenities.
This listing has been viewed 10 times in the past 205 days
Last Updated: May 6th, 2024 at 11:45pm
General Information for 802 Winthrop Ave, Revere, Massachusetts 02151
Property TypeResidential Income
Property Sub TypeMulti Family
Price$1,200,000
Price per sqft$399.07
MLS #73052804
Handicap Access / FeaturesNo
List Date2022-10-27
Special Listing Conditions
StateMassachusetts
Street NameWinthrop Ave
CityRevere
Zip Code02151
CountySuffolk
MLS Status
Covered Parking Spaces0
Heating Y/NYes
Heating System
Heat Zones3
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total3007
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress802 Winthrop Ave, Revere MA 02151
Zoning
Interior Features for 802 Winthrop Ave, Revere, Massachusetts 02151
* Approx. Living Area Total3,007 sq ft
Living Area Includes BasementNo
Bedrooms10
* # Fireplaces0
Bathrooms (Total)3
Full Baths3
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
0
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricYes
Electric$0
MLS Area (Major)Beachmont
MLSPIN_BEDRMS_13
MLSPIN_BEDRMS_24
MLSPIN_BEDRMS_33
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_4
MLSPIN_GRE$2,400
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_4
OffMarketDate04/01/2023
Exterior Features for 802 Winthrop Ave, Revere, Massachusetts 02151
* Approximate Lot Size0.11 acres
Covered Parking Spaces0
Lot FeaturesLevel
* Parking Spaces0
* Sewer Utilities
* Water Utilities
* Year Built1920
Year Built Details
Year Built SourcePublic Records
Construction MaterialsConventional (2x4-2x6)
Exterior Features
Foundation Area
Foundation MaterialsConcrete Perimeter
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)5,001 Sqft
Disclosures for 802 Winthrop Ave, Revere, Massachusetts 02151
Buyer Agent Compensation2
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREY
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation1
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 802 Winthrop Ave, Revere, Massachusetts 02151
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$98,400
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT12700
MLSPIN_RENT23000
MLSPIN_RENT32500
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$98,400
OperatingExpense$2,400
OriginalListPrice$1,200,000
RENT_FEE_INCLUDES
TOTAL_RENT8200
WaterSewerExpense$2,400
Lifestyle Information for 802 Winthrop Ave, Revere, Massachusetts 02151
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features3/10 To 1/2 Mile To Beach, Bay, Beach Front, Beach Ownership(public)
Location information for 802 Winthrop Ave, Revere, Massachusetts 02151
Elementary School
Middle School
High School
NumberOfUnitsTotal3
Marketing History for 802 Winthrop Ave, Revere, Massachusetts 02151
MLSPIN_MARKET_TIME_BROKER70
MLSPIN_MARKET_TIME_PROPERTY70
PurchaseContractDate
Agent Information for 802 Winthrop Ave, Revere, Massachusetts 02151