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45-55 Belle Isle Ave
Revere, MA 02151
Revere Bell Apartments · Multifamily Property For Sale · 29 Units

PROPERTY FACTS

No. Units 29
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.62 AC
Building Size 26,180 SF
Average Occupancy 100%
No. Stories 3
Year Built 1972
Parking Ratio 0.62/1,000 SF
Zoning RB

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony

SITE AMENITIES

  • Laundry Facilities

ABOUT 45-55 BELLE ISLE AVE , REVERE, MA 02151

Investment opportunity!!! Two brick building total of 29 units located on a very quiet dead end street, 3 blocks to Beachmont Station ( blu- line) and five minutes to the beach. The property consists of (18) 2 bedrooms, (9) 1 bedrooms, (2) studios. All of the units have hardwood floors ( except for studios), units located on second and third floor have balconies. Rents have significant room for increases, most of the units are bellow market rental. Over 40 off-street parking spaces, front lot belongs to the proprerty and has potential for development. Each building has a commom Coin-Operated laundry area, and individual tenant storage. Tenants pay for all utilities, electricity, electric heat, cable and internet. Landlord pays for water/sewage, and hot water.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 2 $1,050 -
1+1 9 $1,375 -
2+1 18 $1,700 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
REVE-000003-000020-000006
Land Assessment
$2,581,000
Improvements Assessment
$4,337,300
Total Assessment
$6,918,300
  • Listing ID: 14898095

  • Date on Market: 1/17/2019

  • Last Updated:

  • Address: 45-55 Belle Isle Ave, Revere, MA 02151

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