Price Reduction
Address
114 Shirley Ave Aka 27 Nahant Ave, Revere, MA
Price
$ 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
| Buyer Agent Compensation | 2 |
|---|---|
| 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 |
Amenities
- 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
Price
Taxes
Visits
Year Built
Walkscore
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
Copyright 2023 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on
this Site comes in part from the IDX Program of PrimeMLS. The information
being provided is for consumers' personal, non-commercial use and may
not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing. Data last updated September 28, 2023 6:53 PM UTC
