5-9 Family at 19 Fernwood Ave, Revere MA 02151, Revere
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24 photos

$1,495,000

19 Fernwood Ave, Revere MA 02151
Revere, MA 02151
Listed by Michelle Joslin-Chaves
Bedrooms
10
Bathrooms
7
Living area
4,752 sqft
Year built
1910

About this home

LOCATION! LOCATION! LOCATION! Revere Multifamily Investment: Six-Unit Income Generator, A rare find in this market! This six-unit multifamily property delivers immediate income potential in a high-demand rental market. Located in Revere, just miles north of Boston, the property is situated near Route 1 and Route 16 w/ direct access to bus lines and Blue Line, positioning tenants for easy commuting. Grocery stores and retail shops nearby enhance rental appeal.The unit mix maximizes income diversity: one spacious three-bedroom, two-bath unit anchors the property, paired with a three-bedroom, one-bath unit in addition to 4 one-bedroom units. Currently occupied with one unit vacant, the property demonstrates strong rental demand characteristic of this community market. Well-maintained and move-in ready. Fifty-plus years under single ownership reflects stability and proven management. This turnkey, established income stream is a great addition to your portfolio. Group showings only.

Property details

MLS #
73559548
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
22
On market date
August 5, 2026
Stories
5
Total bathrooms
7
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.11 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Staff Sargent James J. Hill Elementary School
0.11 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
639
Student:teacher ratio
11.8:1
District
Revere
Middle
Rumney Marsh Academy
0.44 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
568
Student:teacher ratio
10.5:1
District
Revere
High
Revere High
0.18 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,996
Student:teacher ratio
13.3:1
District
Revere

Mortgage calculator

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Est. monthly payment
$9,153/mo
$299,000 down
$1,196,000 loan
Principal & interest$7,757
Property tax (est.)$1,246
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 17 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.