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13 Days on market
16 Temple Street Revere — Photo 1 of 22

16 Temple Street Revere — Photo 1 of 22

$1,270,000

Investment Analysis — 16 Temple Street

Revere, MA 02151

Based on rent reported on the MLS listing, a 4-unit multi-family in 02151 carries $5,250/mo in gross rent — about a 3.04% cap rate and $38,626/yr in estimated NOI at the $1,270,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4

SqFt

3,122

Style

4 Family - 4 Units Up/Down

Built

1900

Welcome to 16 Temple Street, Revere - Well-Maintained 4-Unit Multi-Family Property owned and meticulously cared for by the same owner for more than 40 years, this four-unit property reflects decades of responsible stewardship. Thoughtful improvements and major system updates have positioned the building well for its next owner. Each unit has separate utilities, and all residents are tenants-at-will. Four gas boilers and four hot water heaters were installed in 2022. The entire electrical service was updated inside and out in 2021, including a separate owner's meter. Additional features include double-glazed tilt-in windows, vinyl siding, rubber main roof, and asphalt rear roof, and a walk-out basement with interior access and concrete floor. The fenced yard includes an exterior storage shed. Permit parking is available on the street. Rent includes water and sewer, trash removal, and recycling. The convenient location offers walkable access to Revere T- Station, along with bus service on Revere Street. Minutes to Revere Beach, Logan Airport and Boston.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,270,000
Annual Taxes$9,254

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms15
FireplacesNone
FlooringTile, Hardwood, Carpet
BasementFull, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingBaseboard, Natural Gas, Individual
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle, Rubber
FoundationBlock
Zoning111

Property & Lot

Acres0.07
SqFt Lot3,187
Lot FeaturesLevel

Amenities & Appliances

Range

Neighborhood

Public Transportation • Shopping • Public School • T-Station

Geography

Listing Provided By

Listing Agent: Barbara Peterson

Listing Office: E.W. Peterson & Son RE

MLS® Number: 73570613