Spectacular Investment Opportunity near Revere Beach available now! This Victorian Style multi family features a large back lot that will accommodate up to seven car parking. Owner has paid for extensive updates including granite and marble back splashes and counters in both kitchens and bathrooms in every unit. New flooring in bedrooms and bathrooms.The cabinets, sinks, toilets, have all been updated in every unit. Owner has upgraded the common area electrical system to LED motion sensor lighting for cost efficiency. The vinyl siding and encapsulated windows were replaced two years ago. Plumbing was also converted to PVC piping two years ago and the water heaters are six years old and boilers are twelve years old. All units are currently rented. Four of the five units are market rent. One unit is section 8 through Boston Housing Authority.There is an opportunity to increase ROI by increasing the rents. Potential of generating $9,700 per month, GOI OF $116,400 & NOI OF $101,400.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
