Investment Analysis — 134 Proctor

Well-maintained three-family in highly desirable West Revere, offered with real upside for an owner-occupant or investor. Three identical 3-bedroom, 1-bath units with eat-in kitchens, pantries, enclosed front porches and rear decks. The second floor, owner-occupied, features a modern kitchen with peacock granite and natural maple cabinetry plus a dedicated laundry room off the kitchen, updated circuit-breaker electrical, and windows replaced approximately 6 years ago. The third floor has been freshly painted throughout with newly painted cabinetry, brand-new windows, refinished gleaming hardwood floors, and a heating system installed new approximately 3 years ago. Brand-new TPO flat roof. Aluminum siding in good condition. Separately metered utilities and independent heating systems for all three units keep operating costs clean and simple. Brand new brick retaining wall in the front. Fenced, level backyard, three off-street tandem parking spaces (one per unit), and full basement with sump basin. Under two miles to the ocean, steps from public transportation, and minutes to shopping and Route 1/16. First floor delivered with a tenant at will (possibly vacant by closing) at $1,750, well below market rents of $2,800–$3,000 and they are actively seeking new housing— immediate income growth on day one. Third floor delivered vacant, previous tenants were paying $2600. Seller requests a short leaseback or U/O on the second floor.