Desirable, six bed, two family home, located on an oversized, corner lot! The property offers a generous backyard, perfect for outdoor entertaining, plus a driveway that easily fits three cars. Conveniently located on Essex St., with quick access to Route 16, Route 1, and multiple bus stops connecting to the T, making commuting a breeze. Each unit has separate gas heat and electric. Unit 1 is currently used as a 3-bedroom and includes a bright sunroom/dining room and a spacious kitchen. Unit 2, also used as a 3-bedroom, boasts a large living room, an eat-in kitchen, and an enclosed porch, ideal for extra living space. The semi-finished basement offers exciting potential for expansion. Whether you're looking for an investment opportunity or an owner-occupied home with rental income, this versatile property is a must-see!
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Last Updated: March 17th, 2025 at 6:58am
Gross Income: $68,400
Gross Expenses: $6,361
Net Income Calc: $62,039
CAP Rate: 5.64%
Annual Expenses for 60 Essex St, Revere MA 02151
Total Gross Expenses (Calculated)$6,361/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$6,361
Annual Income & Unit Breakdown for 60 Essex St, Revere MA 02151
Total Gross Income (Calculated)$68,400
Unit 1
Rental Income3000
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income2700
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 60 Essex St, Revere MA 02151
Listing ID73342852
Property TypeMulti Family
Price$1,100,000 ($528.85/SqFt)
Style
CityRevere
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total2,080 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking3
Garage Parking
Year Built1930
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningRB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 60 Essex St, Revere MA 02151
Disclosures for 60 Essex St, Revere MA 02151
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$68,400
Total Net Income By Broker$68,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnCompensation Offered But Not In Mls
Location Information for 60 Essex St, Revere MA 02151
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 60 Essex St, Revere MA 02151