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Active

233 Washington Ave, Revere MA 02151

$1,415,000

Estimated $3,461/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $353,750

Total Rent: 146400/year

Estimated CAP Rate:

7 Bedrooms

Baths

6457

Total Parking: 5

3,615 (0.08)

Outstanding mixed-use investment featuring a 2,000+ sq. ft. commercial dance studio with a 39-year tenant and lease through 2029, plus three residential units consisting of two 2-bedroom apartments and one 3-bedroom apartment with office/den. All residential units are deleaded and occupied by Section 8 tenants, providing a reliable income stream. Solid brick construction, common laundry, off-street parking, and exceptional tenant retention make this a turnkey investment opportunity with immediate cash flow and long-term stability.

This home has been viewed 28 times

Last Checked: June 23rd, 2026 at 7:53am (Source: MLS PIN #73481847)

Gross Income: $146,400

Gross Expenses: $26,000

Net Income Calc: $120,400

Annual Expenses for 233 Washington Ave, Revere MA 02151

Total Gross Expenses (Calculated)$26,000/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax14000

Annual Income & Unit Breakdown for 233 Washington Ave, Revere MA 02151

Total Gross Income (Calculated)$146,400

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseY

Bathrooms2 Half

Floor1

Levels in Unit1

Rent IncludesHeat

General Information for 233 Washington Ave, Revere MA 02151

Listing ID73481847

Property TypeMulti Family / 4 Family

Price1415000 ($219.14/SqFt)

Style4 Family

CityRevere

CountySuffolk

Neighborhood(s)

Approximate Living Area Total6457

Approximate Lot Size (Acres)0.08

Total Parking5

Garage Parking0

Year Built1960

Year Built SourceOwner

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningMixed Use

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 233 Washington Ave, Revere MA 02151

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.

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 233 Washington Ave, Revere MA 02151

Real Estate Taxes14000

Tax Year2025

Assessed Value$1,126,500

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 233 Washington Ave, Revere MA 02151

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 233 Washington Ave, Revere MA 02151

Agent

Name: Annemarie Torcivia

Office

Name: Trinity Real Estate

Phone: 781-231-9800

Payment Calculator

, Interest

Property Taxes 1166.67

Principal & Interest 8718.78

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Trinity Real Estate

Annemarie Torcivia

Agent Phone

Office Phone

(781) 231-9800

Text Agent Call Agent Call Office

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EXIT

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Active

233 Washington Ave, Revere MA 02151

$1,415,000

Annual Expenses for 233 Washington Ave, Revere MA 02151

Annual Income & Unit Breakdown for 233 Washington Ave, Revere MA 02151

General Information for 233 Washington Ave, Revere MA 02151

Disclosures for 233 Washington Ave, Revere MA 02151

Financial Information for 233 Washington Ave, Revere MA 02151

Location Information for 233 Washington Ave, Revere MA 02151

Contact Information for 233 Washington Ave, Revere MA 02151

Agent

Office

Payment Calculator

Exclusive Listing Agent

Trinity Real Estate

Annemarie Torcivia