1-3 Centennial Avenue

Revere, MA 02151

$750,000
Last Sold Price
22
Beds
6
Baths
8,682 Sq. Ft.
$86 / Sq. Ft.
8,682
Sq. Ft.
$86
per Sq. Ft.

Description

High Quality Renovation- 8600sq ft, 6 apt building with ocean views and walk to Revere Beach T Station. $84000 NOI ! Property fully DE LEADED, most apartments gutted to studs. 5 brand new kitchen with SS appliances and granite ct. tops, 6 renovated bathrooms, gleaming hard wood or new ceramic tile floors. Each apt is around 1400sq ft with 5 rooms each. Fully occupied. All tenants pay their heat and electric. Only hot&cold water included in the rent. Property Manager lives on premises.High Quality Renovation- 8600sq ft, 6 apt building with ocean views and walk to Revere Beach T Station. $84000 NOI ! Property fully DE LEADED, most apartments gutted to studs. 5 brand new kitchen with SS appliances and granite ct. tops, 6 renovated bathrooms, gleaming hard wood or new ceramic tile floors. Each apt is around 1400sq ft with 5 rooms each. Fully occupied. All tenants pay their heat and electric. Only hot&cold water included in the rent. Property Manager lives on premises.
  1. Listed by Olga Rotaru • LAER Realty Partners

Property Details for 1-3 Centennial Avenue

Town
Revere
Area
MA-Revere
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of LAER Realty Partners, Olga Rotaru

Sold By Littlefield Real Estate, Eric Rosen

Add your commute
LISTING UPDATED: 08/06/2022 05:35 AM

Property Details for 1-3 Centennial Avenue

StatusSold
MLS #71380547
Days on Market82
Taxes$7,548 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountySuffolk County

Location

Listing Courtesy of LAER Realty Partners, Olga Rotaru

Sold By Littlefield Real Estate, Eric Rosen

Add your commute

Building Information for 1-3 Centennial Avenue

Stories11Residences6Year Built1900Building Size-Lot Size0.11 AC / 4,993 SF

Payment Calculator

$4,722 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$629

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1-3 Centennial Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Medical Facility, Laundromat, Highway Access, Public School, T-Station, Sidewalks
  • Current Financing: Conv. Fixed
  • Living Area: 8682.0
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Basement Features: Full, Walk Out, Interior Access, Bulkhead, Concrete Floor
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood
  • Laundry Features: Laundry Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Other (See Remarks)
  • Exterior Features: Other (See Remarks), Patio, Covered Patio/Deck
  • Lot Description: Corner Lot
  • Patio And Porch Features: Patio, Covered
  • Roof Material: Rubber
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: see Rent Roll and Expenses attached
Tax Information
  • Tax ID: 007 B:111 P:001,1367674
  • Assessments: $580,400
  • Book: 47707
  • Tax Year: 2012
  • Zoning: RB
Building / Association Information
Living Characteristics
  • Beds Total: 22
  • Total Living Levels: 11
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Electricity: $600.00
  • Annual Expenses Source: Owner
  • GOI: $107,280.00
  • Gross Scheduled Income: $2,400.00
  • Insurance: $4,100.00
  • GRE: $22,648
  • HTE: $0
  • RFS: $0
  • NOI: $84,632.00
  • Operating Expense: $22,648.00
  • WSE: $8,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $8,700.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 1-3 Centennial Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1-3 Centennial Avenue

This home is within Revere School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Garfield Elementary School
PublicPK to 5

Rumney Marsh Academy
Public6 to 8

Susan B. Anthony Middle School
Public6 to 8

Garfield Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LAER Realty Partners, Olga Rotaru

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.