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.
For sale
$1,945,000
120 Dolphin Ave, Revere, MA 02151
9beds
4,180sqft
5-9 Family
Built in 1970
-- sqft lot
$-- Zestimate®
$465/sqft
$-- HOA
What's special
Ample off-street parkingLevel lotTwo driveway entrances
- 106 days
- 169
- 5
Zillow last checked:
Listing updated:
Listed by:
Justin Brown 617-461-6511,
Three Hills Real Estate Service, LLC 833-434-4557
Source: MLS PIN,MLS#: 73525052
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,180
- Total interior livable area: 4,180 sqft
- Finished area above ground: 4,180
Property
Parking
- Total spaces: 7
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 7
Features
- Patio & porch: Porch
- Waterfront features: Ocean, Walk to, 1/10 to 3/10 To Beach
Lot
- Size: 8,224 Square Feet
- Features: Cleared, Level
Details
- Parcel number: 1366599
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1970
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, T-Station
Location
- Region: Revere
Financial & listing details
- Price per square foot: $465/sqft
- Tax assessed value: $1,295,500
- Annual tax amount: $11,431
- Date on market: 5/27/2026
- Total actual rent: 7250
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Listed for sale | $1,945,000$465/sqft |
Source: MLS PIN #73525052 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02151
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