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$1,940,000
Total Beds: 12 Total Baths: 6
Total Units: 6 SQFT: 4614
LOT size: 0.10 Acres
54 Shirley Ave
Revere, MA 02151
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Property Description

Discover this fully deleaded six-unit apartment building, ideally located just a short walk from the MBTA Revere Beach Blue Line station and scenic Revere Beach. The property features six spacious 2-bedroom units, three of which include an additional den (a bonus room without a closet, can be used as an office or bedroom). Currently, five units are occupied, with one unit vacant. Conveniently situated near shops, local amenities, Logan Airport, and major highways, this property offers both accessibility and lifestyle appeal. Notable upgrades include a new roof installed in 2018 and high-efficiency heating systems added to each unit in 2021.

Property Details

Building Information

  • Total Units: 6
  • Total Floors: 9
  • Total Bedrooms: 12
  • Total Full Baths: 6
  • Amenities: Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 166800
  • Gross Expenses: 21200
  • Electric Expenses: 200
  • Water/Sewer: 14000
  • INSC: 7000
  • Net Operating Income: 32200

Utilities

  • Electric Info: 110 Volts, On-Site
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Levels: 1

Unit 3 Description

  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 3

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73371938
  • Last Updated: 05/08/25

Mortgage Calculator

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Map

Seller's Representative: Haiying Ji, WinPlus Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-05-08 22:26:00

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