110 Janvrin Ave
Massachusetts, USA
$6399000
Zip: 02151
Description: ****** HIDDEN GEM ****** EAST BOSTON/REVERE LINE. Extremely rare find! 29-units spanned over 2 BRICK buildings, Only a 3-minute WALK TO THE T (Beachmont Station) located on a dead end street in the Beachmont Area of Revere. The asset consists of (2) Studios, (9) 1-Bedrooms, & (18) 2-Bedrooms. Almost every unit consists of hardwood floors, kitchens mostly have dishwashers, and all the 2nd and 3rd floor units have balconies. Apartments are all rented for well below market rates. Phenomenal VALUE-ADD potential. Rents have significant room for increases. PLEASE ASK for GMRE's pro forma Market Rents. Over 50 Off-Street PARKING Spaces. Each building has a coin-operated laundry room. Tenants pay all utilities, except water and hot water is paid by the Landlord. AMAZING OPPURTUNITY to own a large amount of units under one roof. Easy commute to Boston, WALKING DISTANCE TO the train station, the beach, and where the proposed casino was supposed to go. PLEASE CALL FOR FURTHER DETAILS.
