233 Washington Ave Revere, MA 02151

Building Details

Year Built

1960

Listing agency Trinity Real Estate Show Phone

Listed by Annemarie Torcivia · License #61836

Source Classifiedrealtygroup

Added: Jul 20 Updated: Jul 21 at 11:59AM Checked: Jul 21 at 11:59AM

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Investment Insights

Based on property information with market context.

This mixed-use brick property at 233 Washington Ave, Revere includes a 2,000+ sq. ft. commercial dance studio and three residential units. The dance studio is leased to a tenant with 39 years of occupancy, with a lease term through 2029. The residential component consists of two 2-bedroom apartments and one 3-bedroom apartment, each including an office/den. All residential units are deleaded and currently occupied by Section 8 tenants.

The building offers common laundry and off-street parking for residents.

With the commercial lease extending through 2029 and the residential units currently in place, the property is structured for continued income while providing a straightforward mixed-use configuration.

Key Highlights

• 1960 mixed‑use brick property with a 2,000+ SF commercial dance studio and 3 residential units
• Dance studio leased to a 39‑year tenant with lease in place through 2029
• Residential unit mix: two 2‑bedroom apartments and one 3‑bedroom apartment with office/den

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FAQs

What type of property is this?

Triplex - Mixed-use brick property includes a dance studio leased through 2029 plus two 2-bedroom and one 3-bedroom units.

Where is this triplex located?

The property is located at 233 Washington Ave Revere, MA.

What is the asking price?

The asking price for this property is $1,415,000.

What are key features of this property?

This property features: 1960 mixed‑use brick property with a 2,000+ SF commercial dance studio and 3 residential units; Dance studio leased to a 39‑year tenant with lease in place through 2029; Residential unit mix: two 2‑bedroom apartments and one 3‑bedroom apartment with office/den