24 True St Revere — Photo 1 of 21
$849,900
Investment Analysis — 24 True St
Revere, MA 02151
Based on rent reported on the MLS listing, a 2-unit multi-family in 02151 carries $2,500/mo in gross rent — about a 1.83% cap rate and $15,587/yr in estimated NOI at the $849,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,240
Style
Multi Family
Built
1900
24 True Street, Revere, is a practical two-family near Broadway and Revere High. The first-floor unit is used as a three-bedroom. The second-floor unit will be vacant and offers two bedrooms plus a flexible room off the main entry that could serve as a third bedroom. With a good-sized yard and a spacious driveway, it's ideal for a first-time buyer or investor. Live in one unit and rent the other for income potential. Bus lines, dining, and city amenities are just steps away.
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 MLS and other third-party data may be inaccurate or out of date.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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Public Transportation • Shopping • Park • Medical Facility • House of Worship • Public School
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Listing Agent: The Sarkis Team
Listing Office: Douglas Elliman Real Estate - The Sarkis Team
MLS® Number: 73528913