1 Sprague St, Revere MA 02151

Revere, MA 02151
$1,599,900
Est. $9,732/month
3,362
Sq Ft
$476
Price/Sq Ft
0.16
Acres
1900
Year Built
40
Days on Market
For Sale Listed Jul 2, 2026 • MLS# 73544243 Copied! • Updated Jul 6, 2026

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About this home

Currently a legal 5-unit property listing in RB zoning. Longtime positive cash flow property used for law offices and music school & mixed use. Residential 3+ bedroom unit on 2nd floor. Property also contains drive in commercial garage space with garage doors and access to the 1st floor from inside the garage space. Current rent roll is $7200 a month. Ownership is on site and operating as attorney and law services, with additional rent income producing tenants. Current city zoning is RB which consists of one- and two-family units. Development opportunities to add additional units and levels with waters views is the hidden gem at this location. Special permitting would be required. Ownership is willing to offer help with its legal services of the process to help buyer. MBTA transportation and proximity to revere beach is added benefits. Buyers to do due diligence as best use as to maintain as current 5 unit or special permitting for condos/development in a development friendly town

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 2, 2026
$1,599,900
Original listing
Agent: Peter Castrichini Office: Barry Realty Group

Tax History

Year Taxes Assessment
2025 $17,306

Financial Details

Annual Property Tax
$17,306
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Living Area 3,362 sq ft
Lot Size 0.16 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, 220 Volts

Financial

Annual Tax $17,306
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Suffolk

Property Overview

Listing Type
For Sale
Year Built
1900
Living Area
3,362 sq ft

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
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Exterior & Lot

Exterior Features:
Patio & Porch:
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Parking & Garage

Parking Features:
School District
Revere School District local
C
School Safety 2024-25
4.0% Above Average
1.8% Suspensions 0.1% Expulsions 2.1% Emergency
1.5% below state avg
E

Elementary Schools

3 schools
Immaculate Conception Elementary School
0.2 mi
Grades PK-08
B-
Staff Sargent James J. Hill Elementary School
0.2 mi | #452 of 824 | Score: 46.1
Improved 140 spots from last year
-12.1 below state avg
615 students Moderate
Rising School
Grades K-05
C
Abraham Lincoln School
0.5 mi | #592 of 824 | Score: 41.4
Improved 88 spots from last year
-16.9 below state avg
600 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
A-
Rumney Marsh Academy
0.5 mi | #5 of 16 | Score: 37.6
Improved 307 spots from last year
-20.6 below state avg
587 students Moderate
Rising School
Grades 06-08
C
Susan B. Anthony Middle School
0.9 mi | #260 of 352 | Score: 35.7
Improved 6 spots from last year
-22.5 below state avg
545 students Diverse
Grades 06-08
C
Garfield Middle School
1.1 mi | #264 of 352 | Score: 35.1
Dropped 12 spots from last year
-23.1 below state avg
542 students Moderate
Grades 06-08
H

High Schools

3 schools
C
Revere High School
0.4 mi | #249 of 346 | Score: 46.2
Dropped 17 spots from last year
-12 below state avg
2,115 students Moderate
18 sports • 1,334 athletes
Early College Program College Ready Curriculum Strong Athletics
Grades 09-12
D
CityLab Innovation High School
1.4 mi | #327 of 346 | Score: 28.4
Improved 14 spots from last year
-29.8 below state avg
117 students Moderate
College Ready Curriculum
Grades 09-12
C
Chelsea Opportunity Academy
1.6 mi | #294 of 346 | Score: 59.3
Same rank as last year
132 students Less Diverse
College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,442
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1 Sprague St, Revere MA 02151

Revere, MA 02151

Listing Information

Listing Agent Peter Castrichini
Listing Office Barry Realty Group
Office Phone 781-246-7535
Agent MLS ID CN227748
Office MLS ID AC0727
Listing Data Updated Jul 6, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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