A mid-century modern brick two-family in Point of Pines, set between Revere Beach and the Pines River with private beach rights. Held by the same family for decades and now offered as an estate sale.The property sits on a 9,361 square foot lot that backs to municipally owned land, with five bedrooms and four and a half baths across a large main residence and a separate second unit. The brick exterior, the room proportions and the fireplace carry the 1968 design, and the layout suits an owner who wants to occupy one unit and rent the other.The kitchen has been updated with higher-end appliances. Gas hot water heat, a new tankless boiler, central air conditioning and a poured concrete foundation are in place, a 24.99 kW rooftop solar array produces an estimated 27,800 kilowatt hours per year, and there are four off-street parking spaces.The house is ready for renovation. Carpeting and finishes are dated and there is damage to repair, and the pricing reflects that scope. The structure, the lot and the Point of Pines address are what a renovator is buying here.Additional finished space beyond the two permitted units is present on site; see disclosures for detail.
This home has been viewed 8 times
Last Checked: October 22nd, 2026 at 6:58pm (Source: MLS PIN #73593766)
Gross Income: $84,000
Gross Expenses: $8,800
Net Income Calc: $75,200
Annual Expenses for 120 Lynnway, Revere MA 02151
Total Gross Expenses (Calculated)$8,800/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8800
Annual Income & Unit Breakdown for 120 Lynnway, Revere MA 02151
Total Gross Income (Calculated)$84,000
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit3
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 120 Lynnway, Revere MA 02151
Listing ID73593766
Property TypeMulti Family / 3 Family
Price925000 ($254.19/SqFt)
StyleMulti Family
CityRevere
CountySuffolk
MLS AreaPoint of Pines
Neighborhood(s)
Approximate Living Area Total3639
Approximate Lot Size (Acres)0.21
Total Parking4
Garage Parking0
Year Built1968
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRA
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 120 Lynnway, Revere MA 02151
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSurveillance Devices
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 120 Lynnway, Revere MA 02151
Real Estate Taxes8800
Tax Year2026
Assessed Value$984,300
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 120 Lynnway, Revere MA 02151
Neighborhood(s)
MLS AreaPoint of Pines
Area Amenities
Contact Information for 120 Lynnway, Revere MA 02151