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Deleaded Quadplex with Dry-Cleaning Building
For Sale
Contact for pricing
Pending

507 Broadway, Revere, MA 02151

Four-unit residential property with separate commercial building, dedicated utilities, rear parking, and hardwood floors.

Property Size912 SF
Days on Market147

Property Features for 507 Broadway

General Information

Standard status Pending
Size 912 SF
Total Parking Spaces 8
Property subtype Special Purpose

Financials

Average Monthly Rent $981.25
Business Included Yes

Units

Unit Mix 2 x 1BR, 2 x 3BR
Multifamily Units 4

Building Details

Buildings 2
Tenancy Single
Listing Agency: Century 21 North East Revere
Listed By: Philip Consolo · License #MA
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Aug 30 at 11:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 North East Revere

Investment Insights

Based on property information with market context.

This deleaded four-unit property includes a separate dry-cleaning building and six-car rear parking, plus two additional spaces beside the commercial structure. The residential units have separate utilities and individual water meters, with gas heat, hot water, and three circuit breaker boxes serving the units. Hardwood flooring is present on the first and second floors, and the property includes rear decks.

The dry-cleaning building measures 912 square feet and has approximately 18-foot ceilings, a wall-mounted A/C unit, dressing room, half bath, and 3-phase electric service. Dry-cleaning equipment remains with the property. The roof serving both buildings is 7 years old. The address is 507 Broadway in Revere, Massachusetts.

Key Highlights

  • Deleaded four‑unit property with separate dry‑cleaning building
  • Dry‑cleaning building contains 912 square feet with approximately 18‑foot ceilings
  • Commercial building includes wall‑mounted A/C, dressing room, half bath, and 3‑phase electric

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Gym & Fitness Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,404
Businesses Nearby

Demographics for 02151, MA

62,252
Population
23,461
Households
2.7
Avg Household Size
38
Median Age
25%
College-Educated
83%
High-School Grad
5.7 sq mi
ZIP Area
10,921
Density / Sq Mi
$80,948
Median Household Income
$43,374
Median Earnings
$1,964
Median Rent
$566,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property with separate commercial building, dedicated utilities, rear parking, and hardwood floors.
Where is this quadplex located?
The property is located at 507 Broadway Revere, MA.
What are key features of this property?
This property features: Deleaded four‑unit property with separate dry‑cleaning building; Dry‑cleaning building contains 912 square feet with approximately 18‑foot ceilings; Commercial building includes wall‑mounted A/C, dressing room, half bath, and 3‑phase electric
More about this property
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