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Blake Sherwood

blake.sherwood.realtor@gmail.com +1(617) 833-0036

$ 1,270,000

Est. payment -/mo

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Active

16 Temple Street Revere, MA 02151

5 Beds

4 Baths

3,122 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family - 4 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,122 sqft

Price per Sqft $406

MLS Listing ID 73570613

Bedrooms 5

Full Baths 4

Year Built 1900

Annual Tax Amount $9,254

Tax Year 2026

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type 4 Family - 4 Units Up/Down

Property Description

A FOUR-UNIT PROPERTY. ONE OWNER FOR 40+ YEARS. MAJOR SYSTEM UPDATES. A PRIME REVERE LOCATION. Welcome to 16 Temple Street, Revere - A Well-Maintained 4-Unit Multi-Family Property that has been owned, cared for and thoughtfully maintained by the same owner for more than 40 years. Investors and owner-occupants should take notice. 16 Temple Street is an opportunity you won't want to overlook. Four-Unit properties represent a unique opportunity in the Revere market, offering the potential to acquire a substantial multifamily asset in one of the area's most convenient locations. 16 Temple Street is now ready for its next owner and its next chapter. The property has benefited from decades of responsible ownership and significant recent system upgrades. Each of the four units has separate utilities, and all residents are tenants-at-will. In 2022, the property received four new gas boilers and four new hot-water heaters. The entire electrical service was updated inside and out in 2021, including installation of separate owner's meter. Additional features include double-glazed tilt-in windows for easy cleaning, vinyl siding, a rubber main roof, an asphalt rear roof, and a walk-out basement. The fenced yard provides additional outdoor space and includes an exterior storage shed. Superb location-Walk to the Revere T Station. Bus service is available on Revere Street, while Revere Beach, Logan International Airport, and Boston are all just minutes away. This convenient location provides residents with easy access to transportation, employment, recreation, and the city. Opportunities to purchase a four-unit property in this location and with this history of ownership are uncommon. Whether you're looking to expand your investment portfolio or secure a multifamily property with strong long-term potential.

Location

State MA

County Suffolk

Zoning 111

Direction American Legion Highway to Revere Street to Temple Street

Rooms

Basement Full, Walk-Out Access, Interior Entry, Concrete

Interior

Interior Features Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Family Room

Heating Baseboard, Natural Gas, Individual

Cooling None

Flooring Tile, Hardwood, Carpet

Appliance Range

Exterior

Fence Fenced/Enclosed

Community Features Public Transportation, Shopping, Public School, T-Station

Utilities Available for Gas Range

Waterfront Description Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle,Rubber

Garage No

Building

Lot Description Level

Story 4

Foundation Block

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by E.W. Peterson & Son RE

Blake Sherwood

Team Lead, Associate Broker License ID: 9579006

+1(617) 833-0036

Blake Sherwood

16 Temple Street Revere, MA 02151

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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16 Temple Street