Active
33 Days on market
54-56 Alden Revere — Photo 1 of 39

54-56 Alden Revere — Photo 1 of 39

Recent Drop: $20,000

$1,120,000
$1,100,000

$1,100,000

Investment Analysis — 54-56 Alden

Revere, MA 02151 — Point of Pines

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 4.06% cap rate and $44,657/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

3,020

Style

Multi Family

Built

1925

Welcome to 54 Alden Street, Revere, MA—a rare opportunity to own a two-family home in the highly sought-after POINT OF PINES neighborhood! Just moments from the private Point of Pines Beach, this TURNKEY property offers the perfect combination of coastal living, versatility, and investment potential. Unit 1 features 2 beds, a tastefully remodeled full bath with large dining and living rooms! The standout feature is the stunning bi-level 2nd-floor unit, thoughtfully designed with spacious living areas and an exceptional 3rd floor primary suite. The oversized en-suite primary bathroom creates a true retreat, offering generous space and comfort rarely found in multi-family homes. Whether you're looking for an owner-occupied property with rental income or a valuable addition to your investment portfolio, this home delivers flexibility and appeal. Enjoy easy access to the beach, Logan Airport, Boston, major highways, shopping, dining, and public transportation while coming home to one of Revere's most desirable seaside communities. Don't miss your chance to experience the best of coastal Massachusetts living at 54-56 Alden Street!!

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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$1,120,000
Annual Taxes$6,871

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms12
FireplacesNone
FlooringTile, Hardwood
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRA

Property & Lot

Acres0.07
SqFt Lot3,202
Lot Features--

Geography

Property History

Price Drop
$1,100,000

Was $1,120,000

Sep 8, 2026

MLS® 73562173

Listed
$1,120,000

Aug 11, 2026

MLS® 73562173

Listing Provided By

Listing Agent: Dot Collection

Listing Office: Access

MLS® Number: 73562173