
59 Walnut Street Revere — Photo 1 of 29
Recent Drop: $76,000
$949,000
Investment Analysis — 59 Walnut Street
Revere, MA 02151
Based on rent reported on the MLS listing, a 2-unit multi-family in 02151 carries $2,000/mo in gross rent — about a 1.14% cap rate and $10,838/yr in estimated NOI at the $949,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,594
Style
Multi Family
Built
2000
PRICE DROP! Discover this well-maintained two-family home tucked away at the end of a quiet dead-end street, surrounded by mature trees and peaceful natural scenery in coveted West Revere. Built in 2000 and featuring numerous updates, this versatile property offers privacy, functionality, and excellent potential for an owner-occupant, investor, or extended household. The spacious owner’s unit features a desirable open-concept floor plan with a natural flow between the kitchen, dining, and living areas. The updated kitchen offers granite countertops and stainless steel appliances, creating a stylish and functional space for everyday living and entertaining. A welcoming front porch provides a relaxing spot to enjoy the quiet surroundings, while the rear back deck offers additional outdoor living space—perfect for morning coffee, grilling, entertaining, or simply unwinding among the trees. Enjoy a bonus room downstairs that can be a bedroom, office, or family room. The tenant unit offers comfortable living space, stainless steel appliances, and its own separate washer and dryer for added convenience. All utilities are separate, providing a significant advantage for both owners and investors and making the property easy to manage. A standout feature is the large attic space, offering excellent potential for future expansion, additional storage, or customization, subject to any required approvals and permitting. The basement provides even more valuable storage, while an outdoor shed is ideal for tools, gardening equipment, recreational items, and seasonal belongings. There is off-street parking plus direct access to the express bus to Boston. The property's peaceful location at the end of a dead-end street creates a wonderful sense of privacy and seclusion while still offering the benefits of a two-family property. Whether you're looking to live in one unit while generating rental income from the other, accommodate extended family, or add a versatile property to your investment portfolio, this unique two-family home offers an appealing combination of comfort, privacy, and opportunity. Quick closing possible.
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
$949,000
Was $975,000
Sep 10, 2026
MLS® 73565225
$975,000
Was $1,025,000
Aug 30, 2026
MLS® 73565225
$1,025,000
Aug 18, 2026
MLS® 73565225
Listing Agent: Patricia Grant
Listing Office: New England Real Estate Services
MLS® Number: 73565225