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120 Dolphin, Revere MA 02151

Revere, MA 02151
$1,945,000
Est. $10,988/month
9
Beds
6
Baths
4,180
Sq Ft
$465
Price/Sq Ft
0.19
Acres
1970
Year Built
7
Parking
42
Days on Market
Active Listed May 27, 2026 • MLS# 73525052 Copied! • Updated Jun 4, 2026

About this home

Presenting a rare opportunity to acquire a fully occupied 6-unit multifamily property just moments from Revere Beach. Situated on a level lot with two driveway entrances and ample off-street parking, this investment offers strong in-place income with future upside. Current monthly rent roll is $12,100 with as-is pro forma rents projected to be at least $14,400/month, plus there is an approximately $2,000 annually in laundry income. Property features potential expansion for 2 additional units on the top level. Conveniently located near public transit with train access to Boston, major highways, shopping, dining, and a playground 1 block away on the same street. Excellent opportunity for investors seeking cash flow, appreciation, and long-term value add potential. Sellers reserve the right to accept an offer at anytime.

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
May 27, 2026
$1,945,000
Original listing
Agent: Justin Brown Office: Three Hills Real Estate Service, LLC

Tax History

Year Taxes Assessment
2025 $11,431 $1,295,500

Financial Details

Annual Property Tax
$11,431
Tax Year 2025
Assessed Value
$1,295,500

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1970
Living Area 4,180 sq ft
Lot Size 0.19 acres
Bedrooms 9
Full Baths 6
Total Rooms 21

Investment Metrics

Units 6
Unit 1 Rent $1,750/mo · N
Unit 2 Rent $1,600/mo · N
Unit 3 Rent $2,000/mo · N
Unit 4 Rent $1,900/mo · N
Total Monthly Rent $7,250/mo
Gross Income $147,200
Net Operating Income $114,651
Operating Expenses $30,549
Water/Sewer Expense $7,531
Electric Expense $990
Insurance Expense $16,887
Cap Rate 5.89%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street
Total Spaces 7
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,431
Assessed Value $1,295,500
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 8 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1970
Bedrooms
9
Full Bathrooms
6
Living Area
4,180 sq ft
Total Rooms
21
Stories
5
Levels
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1970
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Cleared, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 7
Parking Features: Paved Drive, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $953
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

120 Dolphin, Revere MA 02151

Revere, MA 02151

Listing Information

Listing Agent Justin Brown
Listing Office Three Hills Real Estate Service, LLC
Office Phone 833-434-4557
Agent MLS ID CT008226
Office MLS ID AN4227
Listing Data Updated Jun 4, 2026 10:41 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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