
120 Dolphin Revere — Photo 1 of 26
$1,945,000
120 Dolphin, Revere, MA 02151
Revere, MA 02151
Beds
9
Baths
6
SqFt
4,180
Style
5-9 Family
Built
1970
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.
Market Value Analysis
* Analysis is based on 18 actively listed and recently sold comparable properties strictly within Revere, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Conservation Area
Geography
Population
60,012
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$87K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
54.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Suffolk County
2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Justin Brown
Listing Office: Three Hills Real Estate Service, LLC
MLS® Number: 73525052
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