WEST REVERE!! Hard to find well maintained three family on a corner lot. Consisting of three floors: 1st floor - 2 bedrooms, 2nd floor - two to three bedrooms, 3rd floor - 1 bedroom completely renovated with HVAC. Separate gas heat for each apartment. Washer and dryer hook ups for all three apartments. Also, basement has full bath. New roof sheathed with plywood plus shingled. Recent vinyl cladded picture windows in front facade and in kitchens. Bonus an all masonry 18 ft by 25 ft garage. Four off street parking spaces. Possibility of an ADU over the garage. 5% cap rate. Includes all expenses.
This home has been viewed 9 times
Last Checked: July 9th, 2026 at 7:23am (Source: MLS PIN #73490013)
Gross Income: $0
Gross Expenses: $7,153
Net Income Calc: $7,153
Water Views
Annual Expenses for 261-263 Proctor Ave, Revere MA 02151
Total Gross Expenses (Calculated)$7,153/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7153
Annual Income & Unit Breakdown for 261-263 Proctor Ave, Revere MA 02151
Total Gross Income (Calculated)$0
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 Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit3
Rent Includes
General Information for 261-263 Proctor Ave, Revere MA 02151
Listing ID73490013
Property TypeMulti Family / 3 Family
Price1250000 ($480.77/SqFt)
Style3 Family
CityRevere
CountySuffolk
Neighborhood(s)
Approximate Living Area Total2600
Approximate Lot Size (Acres)0.09
Total Parking9 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 261-263 Proctor Ave, Revere MA 02151
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.
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 261-263 Proctor Ave, Revere MA 02151
Real Estate Taxes7153
Tax Year2025
Assessed Value$788,600
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 261-263 Proctor Ave, Revere MA 02151
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 261-263 Proctor Ave, Revere MA 02151