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2 Days on market
22 Pitcairn St Revere — Photo 1 of 41

22 Pitcairn St Revere — Photo 1 of 41

$999,999

Investment Analysis — 22 Pitcairn St

Revere, MA 02151

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02151 carries an estimated $5,650/mo in gross rent — about a 4.27% cap rate and $42,699/yr in estimated NOI at the $999,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

4,074

Style

Multi Family

Built

1958

WEST REVERE TWO-FAMILY - NEW TO MARKET! Welcome to 22 Pitcairn Street, an exceptionally spacious property offering OVER 4,000 SQUARE FEET of living space on approximately 0.20 acres in highly desirable West Revere. Properties offering this combination of size, versatility, income potential, and outdoor space are hard to find! The updated income-producing unit features 2 bedrooms, giving the next owner the opportunity to generate rental income while enjoying an incredibly spacious home of their own. Even better, the property features TWO DRIVEWAYS—one for each unit—adding convenience and separation that is ideal for a multi-family home. This house was made for ENTERTAINING! Gather family and friends around the built-in bar, complete with its own sink and refrigerator, creating the perfect space for parties, holidays, game days, and celebrations. And when it's time to relax, this home even comes with its own SAUNA! Need space? You will find it here. In addition to the 4,000+ square feet of living area, the property offers an attic, a LARGE BASEMENT, and a HUGE BACKYARD with plenty of room to enjoy the outdoors. Whether you're searching for a multi-generational home, an owner-occupied two-family with rental income, or simply a property that gives you the space you've been looking for, 22 Pitcairn Street delivers possibilities that are increasingly difficult to find in Revere. BIG HOUSE. BIG YARD. INCOME POTENTIAL. TWO DRIVEWAYS. WEST REVERE. This is one you need to see in person!

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 Details

Financials

Original Price$999,999
Annual Taxes$8,829

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms11
FireplacesNone
FlooringTile, Carpet, Laminate
BasementFull

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air, Wall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.2
SqFt Lot8,551
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Freezer

Neighborhood

Public Transportation • Shopping • Highway Access

Geography

Listing Provided By

Listing Agent: Brian Averback

Listing Office: Century 21 North East

MLS® Number: 73576218