LOCATION! LOCATION! LOCATION! Revere Multifamily Investment: Six-Unit Income Generator, A rare find in this market! This six-unit multifamily property delivers immediate income potential in a high-demand rental market. Located in Revere, just miles north of Boston, the property is situated near Route 1 and Route 16 w/ direct access to bus lines and Blue Line, positioning tenants for easy commuting. Grocery stores and retail shops nearby enhance rental appeal.The unit mix maximizes income diversity: one spacious three-bedroom, two-bath unit anchors the property, paired with a three-bedroom, one-bath unit in addition to 4 one-bedroom units. Currently occupied with one unit vacant, the property demonstrates strong rental demand characteristic of this community market. Well-maintained and move-in ready. Fifty-plus years under single ownership reflects stability and proven management. This turnkey, established income stream is a great addition to your portfolio. Group showings only.
| Units | 6 |
| Living area | 4,752 sqft |
| Lot size | 5,001 sqft |
| Year built | 1910 |
| Price / sqft | $315 |
| County | Suffolk |
| MLS # | 73559548 |
| Days on market | 0 days |
| Listed on | August 5, 2026 |
| Annual property tax | $10,724 |
| Tax year | 2025 |
| Assessed value | $1,182,400 |
| Zoning | res |
| Gross income (actual) | $104,700/yr |
| Net operating income (actual) | $104,700/yr |
| Total actual rent | $6,950/mo |
| Stories | 5 |
| Total rooms | 23 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | On Street |
| Basement | Full |
| Foundation | Other |
| Flooring | Tile, Vinyl, Carpet, Hardwood |
| Sewer | Public Sewer |
| Water | Public |
More about investing in Revere →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 6-unit multi-family property with 4,752 sqft of living area, built in 1910.
19 Fernwood Ave, Revere MA 02151 has been listed for 0 days (since August 5, 2026).
At a list price of $1,495,000 across 6 units, that works out to roughly $249,167 per unit.
Annual property taxes are $10,724 (2025), on an assessed value of $1,182,400.
At $1,495,000 for 4,752 sqft, that's about $315 per square foot.
19 Fernwood Ave, Revere MA 02151 is in Revere, Suffolk County, MA 02151.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.