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31 Days on market
237 American Legion Hwy Revere — Photo 1 of 39

237 American Legion Hwy Revere — Photo 1 of 39

$799,999

Investment Analysis — 237 American Legion Hwy

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 5.77% cap rate and $46,197/yr in estimated NOI at the $799,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,048

Style

2 Family - 2 Units Up/Down

Built

1952

Welcome to 237 American Legion Hwy, a well-maintained two-family home in a convenient Revere location!Cared for by the same family for the past 22 years, this property presents a great opportunity for an owner-occupant, multi-generational household, or investor. While public records list the property as a 4-bedroomhome, the current layout features two bedrooms in the first-floor unit and three bedrooms in the second-floorunit. The second-floor unit also offers access to finished attic space, providing additional flexibility for a homeoffice, game room, hobby area, or bonus space. Please note, the finished attic area is not included in theproperty's listed square footage. Conveniently located near shopping, restaurants, public transportation,schools, and everyday amenities, with easy access to major routes. With two separate units, a flexible layout,and additional finished space, this property is ready for its next chapter!

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 MLS and other third-party data may be inaccurate or out of date.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$799,999
Annual Taxes$5,331

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms9
FireplacesNone
FlooringWood
BasementPartial, Interior Entry

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationBlock
ZoningRB

Property & Lot

Acres0.1
SqFt Lot4,539
Lot Features--

Geography

Listing Provided By

Listing Agent: Edgar Rodriguez

Listing Office: Chinatti Realty Group, Inc.

MLS® Number: 73562766