Price Reduction
114 Shirley Ave Aka 27 Nahant Ave, Revere, MA
$ 3,499,900
Property Attributes
  • MLS#73112234
  • TypeMulti-Family
  • CountySUFFOLK
  • CityRevere
  • Zip02151
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1920
  • Taxes$ 14973
  • Price$ 3,499,900
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms2
  • Sqr Footage6988
  • Lot Size10,019 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Mixed-use property consists of 2 lots. 5-units; 2 commercials and 3 residentials with a parking lot. Building has total 4299 sqft & parking lot has 5501 sqft. Surrounded by bustling mid-rise developments emerging. First floor has 2 store fronts; left is Seller's family run Oriental Grocery Store and on the right is tenant to Spanish-American Market. 2nd level has all the residentials one 3BR, and two 2BR. Location is within busy business district and mixed-uses. Walking distance to Revere Beach and Revere Beach Subway Blue Line Train station to Boston. Property is surrounded by beach attractions including the Famous Banana Boat Ice cream stand, Kelly's Roast Beef, Pizzeria and many more. Best use for builder/developer re-build or convert to multi-unit mid-rise. Property will be "Sold As Is" as a package, building and parking lot plus Oriental Grocery Store business property excluding inventory. Same as MLS # 73112217

Price History
5/17/2023 Listed $5,199,900
8/16/2023 14% - $4,499,900
9/22/2023 23% - $3,499,900

General Features

Basement Full, Interior Entry, Unfinished
Building Area Units Square Feet
City Revere
Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, Other, Sidewalks
Compensation Based On Net Sale Price
Construction Materials Stone
County Suffolk
Directions Rt 60 to Rt 1A to Shirley; Property is 27 Nahnat Ave AKA 130 Shirley Ave
Disclosures 2 Bedrooms owner's unit will be vacant prior to closing. Property will be Sold As Is Condition . All rents includes water.
Electric Circuit Breakers
Exclusions All Owner's Personal Belongings.
Facilitator Compensation 2
Garage Y/N No
Gross Income 83400
Home Warranty Y/N No
Insurance Expense 6900
Lot Size Square Feet 9801
Net Operating Income 53144
Operating Expense 15934
Property SubType 5+ Family - 5+ Units Up/Down
Property Type Residential Income
Roof Rubber
Senior Community Y/N No
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Shirley Ave Aka 27 Nahant Ave
Sub Agent Compensation 2
Sub-Agency Relationship Offered Yes
Tax Annual Amount 14973.32
Tax Assessed Value 788900
Tax Year 2023
Total Actual Rent 6950
Total Rooms 15
Total Units 5
Water Sewer Expense 9034
Waterfront Features Beach Front, Beach Access, Ocean, Walk to, Other (See Remarks), 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Y/N No
Year Built 1920
Year Built Details Approximate
Year Built Source Public Records
Zoning GB

Interior Features

Fireplace Y/N No
Full Baths 3
Half Baths 2
Total Baths 5
Total Bedrooms 7
Total Stories 8

Exterior Features

Living Area 6988
Building Area Total 6988
Foundation Details Other
Lot Features Corner Lot, Level
Lot Size Acres 0.23
Lot Size Area 0.23
Lot Size Units Acres
Open Parking Y/N Yes
Parking Features Paved Drive, Off Street, Common, Driveway, Paved, Other
Road Frontage Type Public
Road Responsibility Public Maintained Road
Road Surface Type Paved
Spa No
Total Parking 10
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02151

AVG $1.32M
AVG $7,369
AVG 217
Data Provided by Inside Real Estate®
Year Built
AVG 1945
AVG 64
Data Provided by Walkscore® not using MLS data