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381 Reservoir Avenue, Revere MA 02151

$799,900

Estimated $1,820/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $399,950

Total Rent: 0/year

Estimated CAP Rate:

2 Bedrooms

Baths

1674

Total Parking: 4

4,657 (0.11)

Move-in ready and full of opportunity, this well-maintained two-family property is ideal for an owner-occupant seeking supplemental income or an investor looking to expand their portfolio. Bright and sunny interiors create a welcoming, airy feel throughout both spacious units with generously sized rooms, each offering a one-bedroom layout and a full bath with tub and shower. Unit 1 features vinyl flooring and a bright kitchen with white cabinetry, while Unit 2 boasts beautiful hardwood floors, surround sound, and a full bathroom with a dual vanity. Separate utilities provide added convenience and efficiency, with basement laundry and dedicated storage enhancing everyday living. Outside, enjoy the private patio, fenced backyard, and off-street parking. Conveniently located near Route 1, Revere Beach, shopping, dining, and commuter routes, this versatile property combines comfort, location, and strong investment potential. Less than 30m outside of Boston!

This home has been viewed 4 times

Last Checked: June 19th, 2026 at 7:03am (Source: MLS PIN #73538207)

Gross Income: $0

Gross Expenses: $6,274

Net Income Calc: $6,274

Water Views

Annual Expenses for 381 Reservoir Avenue, Revere MA 02151

Total Gross Expenses (Calculated)$6,274/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6274

Annual Income & Unit Breakdown for 381 Reservoir Avenue, Revere MA 02151

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 381 Reservoir Avenue, Revere MA 02151

Listing ID73538207

Property TypeMulti Family / 2 Family

Price799900 ($477.84/SqFt)

Style2 Family - 2 Units Up/down

CityRevere

CountySuffolk

Neighborhood(s)

Approximate Living Area Total1674

Approximate Lot Size (Acres)0.11

Total Parking4

Garage Parking0

Year Built1929

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 381 Reservoir Avenue, Revere MA 02151

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

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 381 Reservoir Avenue, Revere MA 02151

Real Estate Taxes6274

Tax Year2025

Assessed Value$691,700

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 381 Reservoir Avenue, Revere MA 02151

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 381 Reservoir Avenue, Revere MA 02151

Agent

Name: Carol McDonald

Office

Name: Lamacchia Realty, Inc.

Phone: 978-250-1900

Payment Calculator

, Interest

Property Taxes 522.83

Principal & Interest 4928.73

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Carol McDonald

Agent Phone

Office Phone

(978) 250-1900

Text Agent Call Agent Call Office

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EXIT

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