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462 American Legion Hwy, Revere MA 02151

$985,000

Estimated $2,093/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $492,500

Total Rent: 39600/year

Estimated CAP Rate:

5 Bedrooms

Baths

3050

Total Parking: 7 (1 Garage)

6,795 (0.16)

462 American Legion Hwy in Revere presents a fantastic opportunity for both investors and owner-occupants alike. Conveniently located near Route 1 and Route 1A and just minutes from Market Basket, BJ’s, banks, restaurants, and a variety of shopping options, this well-maintained multi-family property offers strong income potential. The first unit is a completely renovated 2-bedroom, 1-bath currently furnished and operating as an Airbnb, generating approximately $35,000 in reservations over the past 9 months. It features modern mini-split systems for efficient heating and cooling, a spacious kitchen with 2 tone cabinets, quartz countertops & peninsula, and large closets. The second unit is a generously sized 2 level, 3 bedroom unit that lives like a single family, offering a living room, dining room, large kitchen, hardwood floors, and oversized bedrooms. The property sits on a huge fully fenced lot with plenty of parking, making it ideal for both residents and guest!

This home has been viewed 10 times

Last Checked: March 18th, 2026 at 8:38am (Source: MLS PIN #73487963)

Gross Income: $39,600

Gross Expenses: $5,953

Net Income Calc: $33,647

Annual Expenses for 462 American Legion Hwy, Revere MA 02151

Total Gross Expenses (Calculated)$5,953/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5953

Annual Income & Unit Breakdown for 462 American Legion Hwy, Revere MA 02151

Total Gross Income (Calculated)$39,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 462 American Legion Hwy, Revere MA 02151

Listing ID73487963

Property TypeMulti Family

Price985000 ($322.95/SqFt)

StyleMulti Family

CityRevere

CountySuffolk

Neighborhood(s)

Approximate Living Area Total3050

Approximate Lot Size (Acres)0.16

Total Parking7 (1 Garage)

Garage Parking1

Year Built1939

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 462 American Legion Hwy, Revere MA 02151

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsOwners Belongings

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 462 American Legion Hwy, Revere MA 02151

Real Estate Taxes5953

Tax Year2025

Assessed Value$656,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 462 American Legion Hwy, Revere MA 02151

Neighborhood(s)

Area Amenities

Contact Information for 462 American Legion Hwy, Revere MA 02151

Agent

Name: Juan Cano

Office

Name: Broad Sound Real Estate, LLC

Phone: 978-423-7782

Payment Calculator

, Interest

Property Taxes 496.08

Principal & Interest 6069.26

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Broad Sound Real Estate, LLC

Juan Cano

Agent Phone

Office Phone

(978) 423-7782

Text Agent Call Agent Call Office

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EXIT

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