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31 Days on market
18 Fitzhenry Square Revere — Photo 1 of 21

18 Fitzhenry Square Revere — Photo 1 of 21

$4,200,000

Investment Analysis — 18 Fitzhenry Square

Revere, MA 02151

Based on rent reported on the MLS listing, a 14-unit multi-family in 02151 carries $31,580/mo in gross rent — about a 6.04% cap rate and $253,832/yr in estimated NOI at the $4,200,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

16

Baths

14

SqFt

9,454

Style

5+ Family - 5+ Units Up/Down

Built

1945

18 Fitzhenry Square contains two (2) 2-Bedroom/1-Bathroom units and twelve (12) 1-Bedroom/1-Bathroom units with 9,454 square feet of gross living area in 10,384 square feet of gross area. The Property is situated upon a 0.15-acre parcel and features four (4) off-street parking spaces. 18 Fitzhenry Square is well-positioned in the heart of Revere, offering convenient access to the city's vibrant downtown, neighborhood retail corridors, and surrounding residential communities. The Property is positioned to benefit from the continued transformation of Revere Beach through the ongoing Waterfront Square redevelopment, one of Greater Boston's premier transit-oriented mixed-use districts.Tenants are responsible for electric powered heat, as well as separately metered electricity. The Landlord is responsible for providing gas powered hot water, common area electricity, and city water & sewer. The opportunity exists to acquire a well maintained asset in a desirable Greater Boston neighborhood.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$4,200,000
Annual Taxes$34,178

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms44
FireplacesNone
Flooring--
BasementPartially Finished

Climate & Utilities

HeatingElectric
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationOther
ZoningRB

Property & Lot

Acres0.15
SqFt Lot6,534
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Stephen Girolamo

Listing Office: Horvath & Tremblay

MLS® Number: 73563156