Rare Beachmont two-family opportunity just steps from Louis Pasteur Park, Revere Beach, the MBTA Blue Line, and only about 4 miles from Logan Airport. This estate-sale property offers excellent potential for an owner-occupant, investor, or buyer looking to customize a multi-family home in one of Revere’s most desirable coastal neighborhoods. The first-floor unit has already seen significant updates, including a remodeled kitchen and refreshed interior spaces, with 3 bedrooms and 2 full baths. The spacious second-floor unit offers 3 bedrooms and 1 bath, with a flexible layout and strong upside potential. Several major improvements have already been completed, including a roof replacement in 2020, siding and gutters in 2022, and newer gas heating and water-heater systems. Solar panels are present on the roof but are currently disconnected. The property also includes a small backyard with two sheds and a one-car driveway. After the property was initially listed, a pipe failure caused interior water damage. Repairs are being addressed, creating a unique opportunity for a buyer to have input on cosmetic finishes such as paint colors, flooring, and related interior selections at no additional cost to the buyer, subject to seller/contractor timeline and availability. This gives the next owner the chance to benefit from fresh repairs while tailoring portions of the home to their own taste. This is an estate sale and the property is being sold in as-is condition. Buyers and buyer agents should perform their own due diligence regarding condition, repairs, solar panels, systems, and all property details. More photos and updates will be provided as repairs progress.
This home has been viewed 4 times
Last Checked: September 19th, 2026 at 5:53am (Source: MLS PIN #73571896)
Gross Income: $0
Gross Expenses: $5,338
Net Income Calc: $5,338
Water Views
Annual Expenses for 49 George Ave, Revere MA 02151
Total Gross Expenses (Calculated)$5,338/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5338
Annual Income & Unit Breakdown for 49 George Ave, Revere MA 02151
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 49 George Ave, Revere MA 02151
Listing ID73571896
Property TypeMulti Family / 2 Family
Price899500 ($384.24/SqFt)
Style2 Family - 2 Units Up/down
CityRevere
CountySuffolk
MLS AreaBeachmont
Neighborhood(s)
Approximate Living Area Total2341
Approximate Lot Size (Acres)0.08
Total Parking1
Garage Parking0
Year Built1939
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot Features
Foundation Area1394
Foundation Description
Accessible Features
Outdoor Space
ZoningTwo-family
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 49 George Ave, Revere MA 02151
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
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 49 George Ave, Revere MA 02151
Real Estate Taxes5338
Tax Year2025
Assessed Value$588,500
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 49 George Ave, Revere MA 02151
Neighborhood(s)
MLS AreaBeachmont
Area Amenities
Contact Information for 49 George Ave, Revere MA 02151