Rarely does a property offer this combination of scale, location, historic character, and redevelopment potential. Situated on an oversized HALF ACRE parcel in Revere's desirable RB Zoning District with a Multi-House (HS) designation, this unique estate presents the potential to subdivide into TWO LOTS and develop up to FIVE RESIDENTIAL UNITS (buyer to perform all due diligence). The existing circa-1860 main house, historically configured as a two-family residence with potential to revert back into mutli-family, spans over 2,900 square feet. Currently enjoyed as a spacious single-family home with six bedrooms, 4 bathrooms, the stunning main house features nine-foot ceilings, multiple living spaces, a spacious first-floor primary suite and office, vaulted family room addition, and a walk-up attic offering further expansion opportunity. A detached two-story barn with electricity, plumbing, and heat provides exceptional potential as a guest suite, workshop, or a third unit ADU (subject to approvals). Additionally, the expansive RB-zoned lot provides compelling value-add potential, with the opportunity to further subdivide the parcel and develop an additional two-family residence (subject to buyer verification and City approvals). Significant capital improvements have already been completed at the property including new siding, fencing, roof (2019), replacement windows, furnace, oil tank, water heater (2020), upgraded 220-amp electrical service, bulkhead (2025), Nest thermostat, and new pool filtration system (2024). Conveniently located less than one mile from Route 1 with easy access to Boston, Logan Airport, Revere Beach, shopping, dining, and public transportation, this property is ideally suited for developers, investors, or owner-occupants seeking long-term appreciation. Whether restoring the existing estate, adding an ADU, pursuing subdivision, or maximizing redevelopment potential, opportunities of this caliber are exceptionally rare.
This home has been viewed 6 times
Last Checked: September 14th, 2026 at 5:38pm (Source: MLS PIN #73564410)
Gross Income: $0
Gross Expenses: $8,696
Net Income Calc: $8,696
Water Views
Annual Expenses for 133 R Cushman Ave, Revere MA 02151
Total Gross Expenses (Calculated)$8,696/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8696
Annual Income & Unit Breakdown for 133 R Cushman Ave, Revere MA 02151
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms6
Bathrooms6 Full, 2 Half
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
General Information for 133 R Cushman Ave, Revere MA 02151
Listing ID73564410
Property TypeMulti Family
Price2150000 ($733.54/SqFt)
StyleMulti Family
CityRevere
CountySuffolk
Neighborhood(s)
Approximate Living Area Total2931
Approximate Lot Size (Acres)0.56
Total Parking10
Garage Parking0
Year Built1860
Year Built SourcePublic Records
Year Built DetailsApproximate
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 ViewsYes
Water Views FeaturesBay
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 133 R Cushman Ave, Revere MA 02151
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSauna And Basement 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 133 R Cushman Ave, Revere MA 02151
Real Estate Taxes8696
Tax Year2026
Assessed Value$972,800
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 133 R Cushman Ave, Revere MA 02151
Elementary SchoolWhelan Elementary School
Middle SchoolSusan B Anthony Middle School
High SchoolRevere High School
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 133 R Cushman Ave, Revere MA 02151