Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

120 Dolphin Ave, Revere, MA, 02151

9beds
6baths
4,180sqft
$1,945,000
$465price/sqft
$12,543/moest. monthly cost
$501,720/yrincome needed

About This Home

Presenting a rare opportunity to acquire a fully occupied 6-unit multifamily property just moments from Revere Beach. Situated on a level lot with two driveway entrances and ample off-street parking, this investment offers strong in-place income with future upside. Current monthly rent roll is $12,100 with as-is pro forma rents projected to be at least $14,400/month, plus there is an approximately $2,000 annually in laundry income. Property features potential expansion for 2 additional units on the top level. Conveniently located near public transit with train access to Boston, major highways, shopping, dining, and a playground 1 block away on the same street. Excellent opportunity for investors seeking cash flow, appreciation, and long-term value add potential. Sellers reserve the right to accept an offer at anytime.

Getting Around

66
WalkingSomewhat Walkable
55
TransitGood Transit
35
BikeSomewhat Bikeable

Schools

5/10
Garfield Middle SchoolGrades 6-80.4 mi
2/10
Revere High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Finished area above ground: 4,180

Interior Area

  • Total structure area: 4,180
  • Total interior livable area: 4,180 sqft

Property

Details

  • Parcel number: 1366599
  • Zoning: RB

Features

  • Patio & porch: Porch
  • Waterfront features: Ocean,Walk to,1/10 to 3/10 To Beach

Lot

  • Lot size: 8,224 sqft
  • Features: Cleared,Level

Parking

  • Total spaces: 7
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 7