
19 Fernwood Ave Revere — Photo 1 of 24
$1,495,000
Revere, MA 02151
Beds
10
Baths
7
SqFt
4,752
Style
5-9 Family
Built
1910
LOCATION! LOCATION! LOCATION! Revere Multifamily Investment: Six-Unit Income Generator, A rare find in this market! This six-unit multifamily property delivers immediate income potential in a high-demand rental market. Located in Revere, just miles north of Boston, the property is situated near Route 1 and Route 16 w/ direct access to bus lines and Blue Line, positioning tenants for easy commuting. Grocery stores and retail shops nearby enhance rental appeal.The unit mix maximizes income diversity: one spacious three-bedroom, two-bath unit anchors the property, paired with a three-bedroom, one-bath unit in addition to 4 one-bedroom units. Currently occupied with one unit vacant, the property demonstrates strong rental demand characteristic of this community market. Well-maintained and move-in ready. Fifty-plus years under single ownership reflects stability and proven management. This turnkey, established income stream is a great addition to your portfolio. Group showings only.
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Revere, MA.
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility
60,012
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$87K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
54.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Michelle Joslinchaves
Listing Office: Leading Edge Real Estate
MLS® Number: 73559548
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