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473 Revere Beach Pky 8 Unit Apartment Building $4,384,023 CAD ($548,003 CAD/Unit) 6% Cap Rate Revere, MA 02151

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Investment Highlights

Eight Residential Units | Built 2014
Separately Metered Utilities for Electric, Gas & Water
Private Decks and Garage Parking

2-bedroom, 1-bathroom Floorplans
Elevator access, Video Intercom System, and Secure Entry
Minutes to Revere Beach, Logan Airport, and Downtown Boston

Executive Summary

Northeast Private Client Group is pleased to present the Revere Beach Parkway Apartments located at 473 Revere Beach Pkwy, Revere, MA.
This turnkey multifamily apartment building features eight modern two-bedroom, 1-bath units approximately 1,050 SF. Each unit has contemporary finishes, including beautiful bamboo flooring, ceiling fans, and large open concept living/dining/kitchen areas. The kitchens are equipped with eat-in spaces, breakfast bars, and island/peninsula configurations, complemented by programmable underfloor warming systems in both the kitchen and bathroom. Additional amenities include in-unit laundry, central heat and A/C, video intercom systems, and elevator access.
Strong transit connectivity with multiple MBTA bus routes at the doorstep and the Blue Line (Revere Beach Station) within walking distance. Ideal for an investor seeking low-maintenance income or a 1031 exchange. All interested and qualified parties will have the opportunity to tour the building along with obtaining additional information upon request.

Property Facts

Price	$4,384,023 CAD	Building Class	C
Price Per Unit	$548,003 CAD	Lot Size	0.26 AC
Sale Type	Investment	Building Size	10,400 SF
Cap Rate	6%	No. Stories	5
No. Units	8	Year Built	2014
Property Type	Multifamily	Parking Ratio	0.48/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Mid-Rise
Zoning	GB

Price	$4,384,023 CAD
Price Per Unit	$548,003 CAD
Sale Type	Investment
Cap Rate	6%
No. Units	8
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid-Rise
Building Class	C
Lot Size	0.26 AC
Building Size	10,400 SF
No. Stories	5
Year Built	2014
Parking Ratio	0.48/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	GB