36 Sears Street

Revere, MA, 02151

$1,825,000

$332 per ft²
$1,825,000
$332 per ft²
Active
Active
 - For Sale
beds
11 Beds
baths
5 Baths
carpenters-square
5,485 ft²
property_type
Multi-family
calendar
Built 1985
Two lots - Fully Renovated 4 unit multifamily dwelling on the front lot that is 100% occupied with a strong credit tenant roster and a year-1 NOI of $100,700. Potential to add value - the property consists of 14 parking spots that the landlord is currently not charging for. The second lot also has an existing two-story structure with redevelopment potential - buyer to do their own due diligence as to what can be built. Located less than a 1/2 mile from the Wonderland T stop and just steps from the beach. Direct access to Revere Beach and ocean views from the rear roof deck.Unit breakdown: 2 bed, 2 bed, 3 bed, 4 bed.
MLS® ID:
73003767
Listed:
6/23/22
Updated:
8/17/22

Interior Features

Kitchen Appliances
Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer), Unit 2(Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer), Unit 3(Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer), Unit 4(Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer)
Total Bedrooms
11
Full Bathrooms
11
Half Bathrooms
1
Interior Features
Unit 1(Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub Shower, Open Floor Plan, Slider), Unit 2(Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub Shower, Slider), Unit 3(Ceiling Fans, Storage, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Slider), Unit 4(Ceiling Fans, Pantry, Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Slider), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Family Room, Office/Den), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Dining Room, Kitchen, Family Room)
Floor Description
Wood, Vinyl, Unit 1(undefined), Unit 2(Tile Floor), Unit 3(Tile Floor), Unit 4(Tile Floor, Hardwood Floors, Wood Flooring)
Fireplace
Unit 2(Fireplace - Wood burning), Unit 4(Fireplace - Wood burning)
Cooling
Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC, Wall AC)
Heating
Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard), Unit 3(Hot Water Baseboard), Unit 4(Hot Water Baseboard)

Exterior/Building Features

Lot Size
7,215 ft² lot
Exterior Features
Balcony, Rain Gutters, Decorative Lighting, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 4 Balcony/Deck
Lot Details
Corner Lot
Sewer
Public Sewer

Other Property Details

Area Name
Oak Island
Taxes
$9400
Tax Frequency
per YEAR
Garage
No
Parking
Paved Drive, Off Street
Parking Total
14.0
View
N
County
Suffolk
Water Source
Public
Pool
No
Total Stories
6
Zoning
RB

 

Courtesy of John Parsons, Jr.,

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Data last updated 12:08 AM UTC, 8/17/22

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