176 Reservoir Ave Revere — Photo 1 of 27
Recent Drop: $21,000
$699,000
Investment Analysis — 176 Reservoir Ave
Revere, MA 02151
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02151 carries an estimated $3,080/mo in gross rent — about a 3.18% cap rate and $22,256/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
2,203
Style
Single Family
Built
1955
Welcome to 176 Reservoir Ave, Revere! This single-family home offers a functional layout with plenty of space and potential. The first floor features a spacious primary bedroom, along with comfortable living areas and a practical flow throughout the home. Upstairs, you’ll find two large bedrooms offering generous space for family, guests, or a home office. The large finished basement provides valuable additional living space and plenty of potential for a family room, home gym, office, or even additional bedrooms, depending on the buyer’s needs and applicable permits. Outside, enjoy a fully fenced yard with a deck and above-ground pool, perfect for entertaining and summer gatherings. The pool currently needs a new liner. A great opportunity to own a single-family home in Revere with flexible living space and room to make it your own! Join us at our open houses 8/15 and 8/16 from 12 to 1.30pm
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,203 sq ft principal dwelling). Lot size: 5,946 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
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Property History
$699,000
Was $720,000
Sep 9, 2026
MLS® 73561627
$720,000
Aug 10, 2026
MLS® 73561627
Listing Agent: Juan Cano
Listing Office: Broad Sound Real Estate, LLC
MLS® Number: 73561627