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16 Temple Street, Revere MA 02151

$1,270,000

Estimated $2,830/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $317,500

Total Rent: 63000/year

Estimated CAP Rate:

5 Bedrooms

Baths

3122

Total Parking: 0

3,187 (0.07)

A FOUR-UNIT PROPERTY. ONE OWNER FOR 40+ YEARS. MAJOR SYSTEM UPDATES. A PRIME REVERE LOCATION. Welcome to 16 Temple Street, Revere - A Well-Maintained 4-Unit Multi-Family Property that has been owned, cared for and thoughtfully maintained by the same owner for more than 40 years. Investors and owner-occupants should take notice. 16 Temple Street is an opportunity you won't want to overlook. Four-Unit properties represent a unique opportunity in the Revere market, offering the potential to acquire a substantial multifamily asset in one of the area's most convenient locations. 16 Temple Street is now ready for its next owner and its next chapter. The property has benefited from decades of responsible ownership and significant recent system upgrades. Each of the four units has separate utilities, and all residents are tenants-at-will. In 2022, the property received four new gas boilers and four new hot-water heaters. The entire electrical service was updated inside and out in 2021, including installation of separate owner's meter. Additional features include double-glazed tilt-in windows for easy cleaning, vinyl siding, a rubber main roof, an asphalt rear roof, and a walk-out basement. The fenced yard provides additional outdoor space and includes an exterior storage shed. Superb location-Walk to the Revere T Station. Bus service is available on Revere Street, while Revere Beach, Logan International Airport, and Boston are all just minutes away. This convenient location provides residents with easy access to transportation, employment, recreation, and the city. Opportunities to purchase a four-unit property in this location and with this history of ownership are uncommon. Whether you're looking to expand your investment portfolio or secure a multifamily property with strong long-term potential.

This home has been viewed 7 times

Last Checked: September 24th, 2026 at 9:23am (Source: MLS PIN #73570613)

Gross Income: $63,000

Gross Expenses: $18,365

Net Income Calc: $44,635

Water Views

Annual Expenses for 16 Temple Street, Revere MA 02151

Total Gross Expenses (Calculated)$18,365/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9254

Annual Income & Unit Breakdown for 16 Temple Street, Revere MA 02151

Total Gross Income (Calculated)$63,000

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 16 Temple Street, Revere MA 02151

Listing ID73570613

Property TypeMulti Family / 4 Family

Price1270000 ($406.79/SqFt)

Style4 Family - 4 Units Up/down

CityRevere

CountySuffolk

Neighborhood(s)

Approximate Living Area Total3122

Approximate Lot Size (Acres)0.07

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

Zoning111

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 16 Temple Street, Revere MA 02151

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsDigital Keypad Locks Do Not Convey With Sale.

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 16 Temple Street, Revere MA 02151

Real Estate Taxes9254

Tax Year2026

Assessed Value$1,035,200

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 16 Temple Street, Revere MA 02151

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 16 Temple Street, Revere MA 02151

Agent

Name: Barbara Peterson

Office

Name: E.W. Peterson & Son RE

Phone: 781-233-4424

Payment Calculator

, Interest

Property Taxes 771.17

Principal & Interest 7825.34

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

E.W. Peterson & Son RE

Barbara Peterson

Agent Phone

Office Phone

(781) 233-4424

Text Agent Call Agent Call Office

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EXIT

17 More Photos

Active

16 Temple Street, Revere MA 02151

$1,270,000

Annual Expenses for 16 Temple Street, Revere MA 02151

Annual Income & Unit Breakdown for 16 Temple Street, Revere MA 02151

General Information for 16 Temple Street, Revere MA 02151

Disclosures for 16 Temple Street, Revere MA 02151

Financial Information for 16 Temple Street, Revere MA 02151

Location Information for 16 Temple Street, Revere MA 02151

Contact Information for 16 Temple Street, Revere MA 02151

Agent

Office

Payment Calculator

Exclusive Listing Agent

E.W. Peterson & Son RE

Barbara Peterson