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101 Oak Island St, Revere MA 02151

Revere, MA 02151
$629,900
$599,900
Est. $3,679/month
4
Beds
2
Baths
1,756
Sq Ft
$342
Price/Sq Ft
0.06
Acres
1940
Year Built
2
Parking
40
Days on Market
Active Price Drop -$30,000 Listed Jun 11, 2026 • MLS# 73534948 Copied! • Updated Jul 11, 2026

About this home

Location, Location, Location! Don't miss this charming two-family home ideally situated within walking distance of Revere Beach and conveniently located near MBTA bus transportation. Whether you're a first-time homebuyer seeking rental income or an investor looking for a long-term hold, this property offers exceptional potential. The first-floor unit is vacant and move-in ready, featuring 2 bedrooms, 1 bathroom, and a functional kitchen. The second-floor unit is occupied by a tenant-at-will currently paying $2,150 per month and includes 2 bedrooms and 1 bathroom. Additional highlights include off-street parking for two vehicles, a private driveway, and a generously sized backyard—perfect for summer barbecues and outdoor entertaining. With Revere real estate continuing to appreciate thanks to its prime location and ongoing development, this is an excellent opportunity to own an income-producing property in a highly desirable area. Schedule your showing today and make this property yours

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
4.8%
Price Range

Property Timeline

Price Reduced
Jul 7, 2026
$599,900 $30,000 (-4.76%)
From $629,900 to $599,900 (-4.8%)
🏠
Listed for Sale
Jun 12, 2026
$629,900
Original listing
Agent: Felix Gutierrez Office: Rey Realty Group

Tax History

Year Taxes Assessment
2025 $5,346 $589,400

Financial Details

Annual Property Tax
$5,346
Tax Year 2025
Assessed Value
$589,400

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1940
Living Area 1,756 sq ft
Lot Size 0.06 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $2,150/mo · N
Total Monthly Rent $2,150/mo
Gross Income $25,800
Net Operating Income $25,800
Cap Rate 4.30%
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 Paved Drive
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,346
Assessed Value $589,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Owners Have Not Lived In The Property. No Guarantees Or Warranties Expressed Or Implied. Property May Need Flood Insurance.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 30 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1940
Bedrooms
4
Full Bathrooms
2
Living Area
1,756 sq ft
Total Rooms
8
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

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

Construction & Materials

Year Built: 1940
Structure Type:
Exterior Materials:
Roof:
Foundation: Block
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $446
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

101 Oak Island St, Revere MA 02151

Revere, MA 02151

Listing Information

Listing Agent Felix Gutierrez
Listing Office Rey Realty Group
Office Phone 781-629-2449
Agent MLS ID CN206109
Office MLS ID AN4453
Listing Data Updated Jul 11, 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

Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

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BMN Boston Real Estate

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