Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

233 Washington Ave

Revere, MA ID #73481847

Property Description

Solid brick 4-unit mixed-use investment at 233 Washington St w/ 3 residential units on 581 Proctor Ave. At 233 Washington Ave is a 2000+ sq ft commercial dance studio with long-term tenant of 39 years. Residential units at 581 Proctor Ave include two 4-room/2-bedroom/1-bath apartments and one 6-room/3-bedroom unit with office or den. Common laundry room. Property currently operating at a strong 8% cap rate. All tenants are Section 8 with reliable income stream. All Delead Certificates in hand. Excellent cash flow, durable construction, and exceptional tenant stability make this a true investor opportunity. Dance studio leased till 2029. Public records has it listed as 581 Proctor but Google as 233 Washington Ave

Additional Details

  • Status: ACT
  • Type: Multi-Family, Quadruplex
  • Zip Code: 02151
  • Taxes: 14,000
  • Levels: 4
  • Acres: 0.08

Rooms/Dimensions

  • Total Units: 4
  • Total Floors: 4
  • Total Rooms: 16

Location

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233 Washington Ave, Revere, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Annemarie Torcivia of Trinity Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.