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50 Proctor Ave, Revere MA 02151

$980,000

Estimated $2,218.90/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $490,000

Total Rent: 69600/year

Estimated CAP Rate: 6.33%

5 Bedrooms

2 Full Baths

2,682 SqFt

Total Parking: 3

5,468 SqFt

This exceptional two-family home is ideally located in the desirable West Revere area, near Broadway with easy access to major routes. Unit 1, offers 2–3 bedrooms, a living room, an eat-in kitchen with pantry, and a recently updated bathroom. Unit 2, features 3 generously sized bedrooms (including one with a cedar closet), a spacious living and dining room, an updated bathroom, and an eat-in kitchen with pantry. Both units include rear porches with individual storage rooms. Property upgrades include a newer gas heating system (2017), updated electrical, vinyl siding, and solar panels installed in 2017. The unfinished basement offers excellent potential for customization or expansion. Enjoy the expansive backyard—perfect for summer gatherings and BBQs! Tandem parking for 3+ cars. This is a fantastic opportunity for investors or owner-occupants, with current tenants at will and rents below market value.

This home has been viewed 30 times

Last Checked: June 22nd, 2025 at 4:30am (Source: MLS PIN #73385954)

Gross Income: $69,600

Gross Expenses: $7,558

Net Income Calc: $62,042

CAP Rate: 6.33%

Annual Expenses for 50 Proctor Ave, Revere MA 02151

Total Gross Expenses (Calculated)$7,558/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,558

Annual Income & Unit Breakdown for 50 Proctor Ave, Revere MA 02151

Total Gross Income (Calculated)$69,600

Unit 1

Rental Income$2,900

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,900

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 50 Proctor Ave, Revere MA 02151

Listing ID73385954

Property TypeMulti Family / 2 Family

Price$980,000 ($365.4/SqFt)

Style2 Family - 2 Units Up/down

CityRevere

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total2,682 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking3

Garage Parking

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpacePorch

ZoningRB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 50 Proctor Ave, Revere MA 02151

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$69,600

Total Net Income By Broker$69,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 50 Proctor Ave, Revere MA 02151

Real Estate Taxes$7,558

Tax Year2025

Assessed Value$833,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$69,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$69,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.33%

Location Information for 50 Proctor Ave, Revere MA 02151

Elementary SchoolAbraham Lincoln

Middle SchoolRumney Marsh

High SchoolRevere High Sch

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Park, Public Transportation

Contact Information for 50 Proctor Ave, Revere MA 02151

Agent

Name: Maria Del Carmen Vera-Diaz

Office

Name: Compass

Phone: 617-206-3333

Payment Calculator

, Interest

Property Taxes 629.83

Principal & Interest 6038.45

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Maria Del Carmen Vera-Diaz

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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                    [enabled] => 1
                    [created] => 2025-06-22 04:30:12
                    [modified] => 2025-06-22 04:30:12
                )

[21] => Array
                (
                    [id] => 118341154
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73385954&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2025-06-22 04:30:12
                    [modified] => 2025-06-22 04:30:12
                )

)

)

EXIT