
83 Bellingham Ave Revere — Photo 1 of 18
$549,900
Investment Analysis — 83 Bellingham Ave
Revere, MA 02151 — Beachmont
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 3.44% cap rate and $18,896/yr in estimated NOI at the $549,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,240
Style
Single Family
Built
1920
Perched above the Beachmont neighborhood, this 2-bedroom, 1-bath home offers beautiful water views and incredible potential to create something truly special. The existing layout may even allow for a possible third bedroom, giving you plenty of options to make the space your own. Featuring a two-car driveway, 50-year metal roof, two decks and functional utilities, this property provides a solid foundation for your vision. Yes, it could use some work—but that’s where the opportunity lies! Bring your creativity, add some sweat equity, and transform this diamond in the rough into your own coastal retreat. Ideally located minutes from Beachmont Station on the MBTA Blue Line with the advantage of having the secluded Short Beach at the bottom of the street. Water views, beach access, commuter convenience, and endless potential. Showing start immediately. Open houses this weekend Sat 9/12 & Sun 9/13
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: 620 sq ft (the lesser of 900 sq ft or half the 1,240 sq ft principal dwelling). Lot size: 4,604 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Tankless Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBathroom 1
Lvl SecondListing Agent: Richard Harkins
Listing Office: EWK Realty
MLS® Number: 73572494