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101 Oak Island St, Revere MA 02151

$629,900

Estimated $1,467/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $314,950

Total Rent: 25800/year

Estimated CAP Rate:

4 Bedrooms

Baths

1756

Total Parking: 2

2,801 (0.06)

Location, Location, Location! Don't miss this charming two-family home ideally situated within walking distance of Revere Beach and conveniently located near MBTA bus transportation. Whether you're a first-time homebuyer seeking rental income or an investor looking for a long-term hold, this property offers exceptional potential. The first-floor unit is vacant and move-in ready, featuring 2 bedrooms, 1 bathroom, and a functional kitchen. The second-floor unit is occupied by a tenant-at-will currently paying $2,150 per month and includes 2 bedrooms and 1 bathroom. Additional highlights include off-street parking for two vehicles, a private driveway, and a generously sized backyard—perfect for summer barbecues and outdoor entertaining. With Revere real estate continuing to appreciate thanks to its prime location and ongoing development, this is an excellent opportunity to own an income-producing property in a highly desirable area. Schedule your showing today and make this property yours

This home has been viewed 21 times

Last Checked: June 16th, 2026 at 4:58am (Source: MLS PIN #73534948)

Gross Income: $25,800

Gross Expenses: $5,346

Net Income Calc: $20,454

Annual Expenses for 101 Oak Island St, Revere MA 02151

Total Gross Expenses (Calculated)$5,346/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5346

Annual Income & Unit Breakdown for 101 Oak Island St, Revere MA 02151

Total Gross Income (Calculated)$25,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 101 Oak Island St, Revere MA 02151

Listing ID73534948

Property TypeMulti Family

Price629900 ($358.71/SqFt)

StyleMulti Family

CityRevere

CountySuffolk

Neighborhood(s)

Approximate Living Area Total1756

Approximate Lot Size (Acres)0.06

Total Parking2

Garage Parking0

Year Built1940

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningNB

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 101 Oak Island St, Revere MA 02151

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Fridge

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 101 Oak Island St, Revere MA 02151

Real Estate Taxes5346

Tax Year2025

Assessed Value$589,400

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 101 Oak Island St, Revere MA 02151

Neighborhood(s)

Area Amenities

Contact Information for 101 Oak Island St, Revere MA 02151

Agent

Name: Felix Gutierrez

Office

Name: Rey Realty Group

Phone: 781-629-2449

Payment Calculator

, Interest

Property Taxes 445.5

Principal & Interest 3881.24

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Rey Realty Group

Felix Gutierrez

Agent Phone

Office Phone

(781) 629-2449

Text Agent Call Agent Call Office

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    [description] => Location, Location, Location! Don't miss this charming two-family home ideally situated within walking distance of Revere Beach and conveniently located near MBTA bus transportation. Whether you're a first-time homebuyer seeking rental income or an investor looking for a long-term hold, this property offers exceptional potential. The first-floor unit is vacant and move-in ready, featuring 2 bedrooms, 1 bathroom, and a functional kitchen. The second-floor unit is occupied by a tenant-at-will currently paying $2,150 per month and includes 2 bedrooms and 1 bathroom. Additional highlights include off-street parking for two vehicles, a private driveway, and a generously sized backyard—perfect for summer barbecues and outdoor entertaining. With Revere real estate continuing to appreciate thanks to its prime location and ongoing development, this is an excellent opportunity to own an income-producing property in a highly desirable area. Schedule your showing today and make this property yours
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EXIT

23 More Photos