Active
109 Days on market
120 Dolphin Revere — Photo 1 of 26

120 Dolphin Revere — Photo 1 of 26

$1,945,000

120 Dolphin, Revere, MA 02151

Revere, MA 02151

Investor Analysis

Beds

9

Baths

6

SqFt

4,180

Style

5-9 Family

Built

1970

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$465/sqft
Local Avg (Revere)$394/sqft
18% AboveMarket Average

* Analysis is based on 18 actively listed and recently sold comparable properties strictly within Revere, MA.

Property Details

Financials

Original Price$1,945,000
Annual Taxes$11,431

Parking

Garage0
Off-Street7

Interior Specifications

Total Rooms21
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.19
SqFt Lot8,224
Lot FeaturesCleared, Level

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Conservation Area

Geography

Population

60,012

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$87K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

54.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Justin Brown

Listing Office: Three Hills Real Estate Service, LLC

MLS® Number: 73525052

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