28 South Revere — Photo 1 of 11
Recent Drop: $70,000
$599,000
Investment Analysis — 28 South
Revere, MA 02151
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02151 carries an estimated $2,570/mo in gross rent — about a 2.88% cap rate and $17,239/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,557
Style
Single Family
Built
1920
Drastic Price Reduction and a very motivated seller! Bring your idea's! This property has been family owned and occupied for 40 years. It is currently configured as a two family but can be brought back to its original single-family status. Currently it has two+ bedrooms and room to expand on the third level, two bathrooms, two kitchens, two heating and two electrical systems. Full basement allows for ample storage, workshop or future customization Come take a look.
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: 779 sq ft (the lesser of 900 sq ft or half the 1,557 sq ft principal dwelling). Lot size: 3,800 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 MLS and other third-party data may be inaccurate or out of date.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
$599,000
Was $679,000
Sep 8, 2026
MLS® 73566970
$679,000
Was $669,000
Aug 22, 2026
MLS® 73566970
$669,000
Aug 21, 2026
MLS® 73566970
Listing Agent: Robert L. Reynolds
Listing Office: Reynolds Realty
MLS® Number: 73566970