16 Temple Street, Revere MA 02151

Revere, MA 02151
$1,270,000
Est. $14,334/month
5
Beds
4
Baths
3,122
Sq Ft
$407
Price/Sq Ft
0.07
Acres
1900
Year Built
13 hours 5 minutes
Time on Market
For Sale Listed Sep 1, 2026 • MLS# 73570613 Copied! • Updated Sep 1, 2026

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About this home

Welcome to 16 Temple Street, Revere - Well-Maintained 4-Unit Multi-Family Property owned and meticulously cared for by the same owner for more than 40 years, this four-unit property reflects decades of responsible stewardship. Thoughtful improvements and major system updates have positioned the building well for its next owner. Each unit has separate utilities, and all residents are tenants-at-will. Four gas boilers and four hot water heaters were installed in 2022. The entire electrical service was updated inside and out in 2021, including a separate owner's meter. Additional features include double-glazed tilt-in windows, vinyl siding, an asphalt main roof, a rubber rear roof, and a walk-out basement with interior access and concrete floor. The fenced yard includes an exterior storage shed. Permit parking is available on the street. Rent includes water and sewer, trash removal, and recycling. The convenient location offers walkable access to Revere T- Station, along with bus service on Revere Street. Minutes to Revere Beach, Logan Airport and Boston.

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Property History

Property Timeline

🏠
Listed for Sale
Sep 1, 2026
$1,270,000
Original listing
Agent: Barbara Peterson Office: E.W. Peterson & Son RE

Tax History

Year Taxes Assessment
2026 $92,545 $1,035,200

Financial Details

Annual Property Tax
$92,545
Tax Year 2026
Assessed Value
$1,035,200

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 1900
Living Area 3,122 sq ft
Lot Size 0.07 acres
Stories 4
Bedrooms 5
Full Baths 4
Total Rooms 15

Investment Metrics

Units 4
Unit 1 Rent $1,375/mo · N
Unit 2 Rent $1,125/mo · N
Unit 3 Rent $1,375/mo
Unit 4 Rent $1,375/mo
Total Monthly Rent $5,250/mo
Gross Income $54,300
Net Operating Income $35,952
Operating Expenses $18,348
Water/Sewer Expense $2,739
Electric Expense $230
Insurance Expense $3,342
Cap Rate 2.83%
Heating Hot Water, Natural Gas, Individual
Cooling None
Flooring Tile, Hardwood, Carpet
Appliances Range
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Concrete
Laundry None
Features Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Family Room
Construction None
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Porch
Features On Street
Electric Circuit Breakers, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $92,545
Assessed Value $1,035,200
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated, Unknown
Seller Disclosures Four Gas Ranges Included. One Refrigerator Not Included. On Street Parking With Permit. Lead Paint Certified Treated Unit 1r And Common Areas. Unknown Units 1l, 2l, And 2r.
Exclusions One Refrigerator Not Included.
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Suffolk

Property Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
4
Living Area
3,122 sq ft
Total Rooms
15
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring: Tile, Hardwood, Carpet
Appliances: Range
Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Family Room
Windows: Insulated Windows
Basement: Full, Walk-Out Access, Interior Entry, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle, Rubber
Foundation: Block
Stories: 4

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas, Individual
Heating Zones: 4
Cooling: None
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing: Fenced/Enclosed
Other Structures: Shed(s)
Lot Features: Level
Road Surface:

Parking & Garage

Parking Features: On Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $7,712
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
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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

16 Temple Street, Revere MA 02151

Revere, MA 02151

Listing Information

Listing Agent Barbara Peterson
Listing Office E.W. Peterson & Son RE
Office Phone 781-233-4424
Agent MLS ID NB110331
Office MLS ID NB1224
Listing Data Updated Sep 1, 2026 2:09 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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