36 Sears Street, Oak IslandRevere, MA 02151MLS Number 73003767

  • Price: $1,825,000
  • Est. Mortgage of $/month
  • 48 Days on Market
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Federal 30-year interest rate: 4.99% last updated on Aug 4, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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36 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 0215136 Sears Street Revere MA 02151
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  • 11Bedrooms
  • 0.17Acreage
  • 5Bathrooms
  • 1985Year Built
Two lots - Fully Renovated 4 unit multifamily dwelling on the front lot that is 100% occupied with a strong credit tenant roster and a year-1 NOI of $100,700. Potential to add value - the property consists of 14 parking spots that the landlord is currently not charging for. The second lot also has an existing two-story structure with redevelopment potential - buyer to do their own due diligence as to what can be built. Located less than a 1/2 mile from the Wonderland T stop and just steps from the beach. Direct access to Revere Beach and ocean views from the rear roof deck.Unit breakdown: 2 bed, 2 bed, 3 bed, 4 bed.
Listed by John Parsons,Jr. of Parsons Commercial Group,Inc.

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Gross Income $140,900
  • Lot Features Corner Lot
  • Mls StatusActive
  • Parcel Number 1369749
  • Rent Includes Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Heat, Electric, Gas, Water, Hot Water), Unit 3(Heat, Electric, Gas, Water, Hot Water), Unit 4(Heat, Electric, Gas, Water, Hot Water)

Location

  • Address36 Sears Street
  • Building Number36
  • CountySuffolk
  • NeighborhoodOak Island
  • StateMA
  • StreetSears Street
  • SubdivisionOak Island
  • TownRevere
  • Zip02151

Exterior

  • Exterior Features
    • Balcony
    • Decorative Lighting
    • Rain Gutters
    • Unit 1 Balcony/Deck
    • Unit 2 Balcony/Deck
    • Unit 4 Balcony/Deck
  • Fencing Fenced

Utilities

  • Cooling Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC, Wall AC)
  • Cooling YN Yes
  • Heat SystemYes
  • Heating Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard), Unit 3(Hot Water Baseboard), Unit 4(Hot Water Baseboard)
  • Sewer Public Sewer
  • Water Source Public

Water Body

  • Waterfront Features Beach Front, Direct Access, Walk to, Beach Ownership(Public)

Tax Information

  • Tax Assessed Value $940,000
  • Tax Year 2022
  • Taxes$9,400

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 11.5
  • Bedrooms11
  • Full Bath11
  • Half Baths1

Building

  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplace Features Unit 2(Fireplace - Wood burning), Unit 4(Fireplace - Wood burning)
  • Fireplaces Total 2
  • FoundationConcrete Perimeter
  • Garage Spaces
  • Patio And Porch Features Deck - Roof, Deck - Wood, Deck - Vinyl
  • Rooms30
  • Stories6
  • Year Built1985
  • Year Built Details Actual
  • Year Built Source Public Records

Property Information

  • Building Area Source Public Records
  • Living Area 5,485
  • Lot Size Square Feet 7,215
  • Lot Size Units Acres
  • Property Condition Unit 1 Remodeled, Unit 4 Remodeled
  • Square Feet5,485

Other

  • Date Listed06/24/2022
  • Farm Land Area Units Square Feet
  • View Count3

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces14

Basic Information

  • List Price$1,825,000
  • MLS Number73003767
  • Modification Date08/06/2022
  • Property SubType4 Family - 4 Units Side by Side

Property

  • Acreage0.17

Interior

  • Flooring
    • Hardwood Floors
    • Unit 1(undefined)
    • Unit 2(Tile Floor)
    • Unit 3(Tile Floor)
    • Unit 4(Tile Floor
    • Vinyl
    • Wood
    • Wood Flooring)
  • Interior Features
    • Bathroom With Tub & Shower
    • Bathroom With Tub & Shower
    • Bathroom with Shower Stall
    • Bathroom with Shower Stall
    • Dining Room
    • Family Room
    • Family Room)
    • Kitchen
    • Kitchen
    • Kitchen)
    • Kitchen)
    • Office/Den)
    • Open Floor Plan
    • Pantry
    • Slider)
    • Slider)
    • Slider)
    • Slider)
    • Stone/Granite/Solid Counters
    • Storage
    • Storage
    • Unit 1 Rooms(Living Room
    • Unit 1(Stone/Granite/Solid Counters
    • Unit 2 Rooms(Living Room
    • Unit 2(Stone/Granite/Solid Counters
    • Unit 3 Rooms(Living Room
    • Unit 3(Ceiling Fans
    • Unit 4 Rooms(Living Room
    • Unit 4(Ceiling Fans
    • Upgraded Cabinets
    • Upgraded Cabinets
    • Upgraded Cabinets
    • Upgraded Countertops
    • Upgraded Countertops
    • Upgraded Countertops

Amenities

  • Appliances IncludedUnit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer), Unit 2(Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer), Unit 3(Range, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer), Unit 4(Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer)
  • Other AmenitiesFireplace, Water View
Listed by John Parsons,Jr. of Parsons Commercial Group,Inc.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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