72-74 Thornton St
72-74 Thornton St

72-74 Thornton StRevere, Massachusetts

6 baths6237 sqft
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Off Market
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Marcio Vasconcelos
Marcio Vasconcelos
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Description of 72-74 Thornton St

72-74 Thornton St is a three-story building and contains a total of six units, consisting of four 3-Bedroom/1-Bathroom units and two 2-Bedroom/1-Bathroom units. The Property is well-located in a renter-dominated market and is typically fully occupied with low historical vacancy. There is a limited supply of multifamily housing in Revere with a high demand for rental units, given its location along the shore and proximity to downtown Boston (5-miles). The Property is located 0.4-miles from the Revere Beach MBTA T-Station and also enjoys close proximity to the commercial center of Revere and the Revere Beach offering an abundance of shopping, restaurant and outdoor recreation amenities. Listed at a 6.46% cap-rate on current income, in-place rents are below the current market rent for comparable units in the market, offering the Buyer the potential to raise rents and increase current revenue through a programmatic upgrade of the common areas and units.
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Details

Property Type

Multi-Family

Lot/Acreage

0.11

Year Built

1920

Zip Code

02151

County

Suffolk

MLS

#73255322

Interior

Master Bath

No

Basement

Yes

Basement Features

Unfinished Basement

Exterior

Road Type

Public

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Frequently Asked Questions for 72-74 Thornton St, Revere, MA 02151

How many photos are available for this home?

For this home, we provide a comprehensive gallery featuring 17 high-quality images, showcasing every aspect of the property to give you a detailed perspective.

How much is this home worth?

Based on Home Shift Team data, we estimate the value of the home to be ---. Determining the worth of a home involves various factors such as location, size, amenities, and market conditions. To provide an accurate estimate, we conduct a thorough analysis tailored to the unique attributes of 72-74 Thornton St, Revere, MA 02151.

How many bathrooms does 72-74 Thornton St, Revere, MA 02151 have?

With 6 well-appointed bathrooms, 72-74 Thornton St, Revere, MA 02151 offers convenience and luxury, catering to the needs of occupants and guests alike.

When was this home built?

Constructed in 1920, this home blends timeless architecture with modern amenities, embodying quality craftsmanship and enduring appeal.

What’s the full address of this home?

The full address for this home is 72-74 Thornton St, Revere, MA 02151

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