Winthrop, MA 02152,4 Revere St
Winthrop, MA 02152,4 Revere St
Winthrop, MA 02152,4 Revere St
14
$790,000
$790,000
Est.Price: ?

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7 BD
4.5 BA
4,856 SqFt

4 Revere St Winthrop, MA 02152

Est. payment /mo
SOLD DATE : 10/01/2018

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Key Details

Sold Price $790,000

Property Type Multi-Family

Sub Type 4 Family - 4 Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 4,856 sqft

Price per Sqft $162

MLS Listing ID 72367634

Sold Date 10/01/18

Bedrooms 7

Full Baths 4

Half Baths 1

Year Built 1900

Annual Tax Amount $6,185

Tax Year 2018

Lot Size 3,920 Sqft

Acres 0.09

Property Description

Investors and End-users will be especially interested in this property. The owner has been making a steady stream of income from the current rents even though they are below current market rents. This mixed-use commercial/multi-family property has 3 residential units with the potential for a fourth unit and a commercial unit on the first floor. As it stands, the current cap rate is about 6%. Whether you would like to hold this unit for the income or potentially redevelop, the neighborhood has a lot to offer. It is a short walk to the beach or this building is near the main street coffee shops and other hidden gems Winthrop has to offer. Additionally, you can take the Paul Revere Bus to the Blue Line and straight into Boston. This building does not currently require flood insurance and the roof was replaced last year. Come to see 4 Revere St this weekend 7/29 & 7/30. Must contact the listing agent to attend the group showings.

Location

State MA

County Suffolk

Zoning R4

Direction Saratoga St to Main St to Revere St

Rooms

Basement Full

Interior

Flooring Wood, Tile, Concrete, Laminate

Appliance Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven

Basement Type Full

Exterior

Community Features Public Transportation, Park, Walk/Jog Trails, Golf, Conservation Area, House of Worship, Marina, Public School

Utilities Available for Gas Range, for Gas Oven

Waterfront Description Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)

Total Parking Spaces 6

Garage No

Waterfront Description Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)

Building

Lot Description Corner Lot

Story 9

Foundation Other

Sewer Public Sewer

Water Public

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Listed by Gibson Sotheby's International Realty
Bought with Sarah Rodewald • Gibson Sotheby's International Realty

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agent

Nancy Cassano

Sales Associate | License ID: 9538872

+1(508) 954-3420

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