**ATTENTION INVESTORS** Excellent opportunity to own a two-family residence in a convenient Revere location with strong potential for rental income, value-add improvements, and long-term investment. Built in 1925, this property offers 3 bedrooms, 2 full bathrooms, 8 total rooms, and approximately 2,532 square feet of living area on a 4,352-square-foot lot. Located in the vibrant city of Revere, this property provides convenient access to Boston, Logan International Airport, public transportation, shopping, dining, and the North Shore. Revere is home to **Revere Beach**, America's first public beach, offering miles of coastline. Revere has three MBTA Blue Line stops and is approximately five minutes from Logan International Airport. Whether you're looking to expand your rental portfolio, owner-occupy while generating rental income, or renovate and add value, this two-family property offers an excellent opportunity in a highly accessible Greater Boston location. Building will be delivered vacant. Bring your vision and explore the possibilities! Next Open House: Sunday, August 30, 2026 | 2:00–4:00 PM Offers Due: Monday, August 31, 2026 by 6pm
This home has been viewed 3 times
Last Checked: September 15th, 2026 at 8:13am (Source: MLS PIN #73566532)
Gross Income: $0
Gross Expenses: $5,880
Net Income Calc: $5,880
Water Views
Annual Expenses for 151 School, Revere MA 02151
Total Gross Expenses (Calculated)$5,880/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5880
Annual Income & Unit Breakdown for 151 School, 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
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 151 School, Revere MA 02151
Listing ID73566532
Property TypeMulti Family
Price675000 ($266.59/SqFt)
StyleMulti Family
CityRevere
CountySuffolk
Neighborhood(s)
Approximate Living Area Total2532
Approximate Lot Size (Acres)0.1
Total Parking2
Garage Parking0
Year Built1925
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
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 151 School, Revere MA 02151
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRequest Details
Financial Data SourceEstimated
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 151 School, Revere MA 02151
Real Estate Taxes5880
Tax Year2025
Assessed Value$648,300
Financial Data SourceEstimated
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 151 School, Revere MA 02151
Elementary SchoolHill / Lincoln School
Middle SchoolHill / Lincoln School
High SchoolRevere High School
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 151 School, Revere MA 02151