233 Washington Ave, Revere MA 02151
Revere, MA 02151
$1,489,000
$1,399,000
Est. $8,441/month
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About this home
BACK ON MARKET – MIXED-USE INVESTMENT OPPORTUNITY! Solid brick 4-unit property offering strong residential and commercial income. Commercial space consists of a 2,000+ sq. ft. dance studio with a long-term tenant of approximately 39 years and lease through 2029. Three residential units include two 2-bedroom units and one 3-bedroom unit with office/den. Residential units are Section 8 with delead certificates in hand. Currently operating at approximately an 8% cap rate. Common laundry and 3 off-street parking spaces. Excellent cash flow, established tenants and multiple income streams make this a solid addition to an investor’s portfolio. All financials, leases, and lead certs available after accepted offer.
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
6%
Price Range
Property Timeline
Back On Market
Jul 29, 2026
Active
Price Reduced
Jul 29, 2026
$1,399,000
$16,000
(-1.13%)
From $1,415,000 to $1,399,000 (-1.1%)
Pending Sale
Jul 22, 2026
Offer accepted, sale pending
Pending Sale
Mar 13, 2026
Offer accepted, sale pending
Listed for Sale
Mar 3, 2026
$1,399,000
Original listing
Agent: Annemarie Torcivia
Office: Trinity Real Estate
Listed for Sale
Mar 3, 2026
$1,415,000
Original listing
Agent: Annemarie Torcivia
Office: Trinity Real Estate
Listed for Sale
Mar 3, 2026
$1,489,000
Original listing
Office: Trinity Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/29/2026 | • Back On Market | - | - | - | Active |
| 07/29/2026 | ↓ Price Reduced | $1,399,000 | $16,000 | - | From $1,415,000 to $1,399,000 (-1.1%) |
| 07/22/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 03/13/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 03/03/2026 | 🏠 Listed for Sale | $1,399,000 | - | - | Original listing |
| 03/03/2026 | 🏠 Listed for Sale | $1,415,000 | - | - | Original listing |
| 03/03/2026 | 🏠 Listed for Sale | $1,489,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $14,000 | $1,126,500 |
Financial Details
Annual Property Tax
$14,000
Tax Year 2025
Assessed Value
$1,126,500
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1960
Living Area
6,457 sq ft
Lot Size
0.08 acres
Bedrooms
7
Full Baths
4
Half Baths
2
Total Rooms
16
Investment Metrics
Units
4
Unit 1 Rent
$2,600/mo · Y
Unit 2 Rent
$2,600/mo · Y
Unit 3 Rent
$3,200/mo · Y
Unit 4 Rent
$3,800/mo · Y
Total Monthly Rent
$12,200/mo
Gross Income
$144,000
Net Operating Income
$118,000
Operating Expenses
$26,000
Water/Sewer Expense
$4,000
Insurance Expense
$8,000
Cap Rate
8.43%
Interior
Heating
Baseboard, Natural Gas
Cooling
None, Wall Unit(s)
Flooring
Wood, Tile
Appliances
Range, Microwave, Refrigerator, Dishwasher, Other
Fireplace
Wood Burning
Fireplaces
1
Basement
None
Laundry
None
Features
Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Ceiling Fan(s), Studio, Living Room, Kitchen, Living Rm/dining Rm Combo, Office/den
Exterior
Construction
Brick
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Total Spaces
5
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$14,000
Assessed Value
$1,126,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Home Inspection Will Be For Informational Purposes. Property Is Being Sold As Is.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
Sq Ft Source
Owner
Sq Ft Disclosures
Some info differs from public record because of Dance Studio; pictures taken when units were vacant
Documents
None
County
Suffolk
Total market time (incl. prior listings)
84 days
Property Overview
Property Type
4 Family
Listing Type
Sale Pending
Year Built
1960
Bedrooms
7
Full Bathrooms
4
Half Bathrooms
2
Living Area
6,457 sq ft
Total Rooms
16
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
6,457 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile
Appliances:
Range, Microwave, Refrigerator, Dishwasher, Other
Interior Features:
Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Ceiling Fan(s), Studio, Living Room, Kitchen, Living RM/Dining RM Combo, Office/Den
Windows:
Picture Window
Basement:
Laundry:
Security:
Security System
Construction & Materials
Year Built:
1960
Structure Type:
Exterior Materials:
Brick
Roof:
Shingle
Foundation:
Slab
Stories:
4
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Heating Zones:
4
Cooling:
None, Wall Unit(s)
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Total Parking Spaces:
5
Parking Features:
Special Features
Fireplaces:
1
Fireplace Type:
Wood Burning
Community Amenities:
Public Transportation, Shopping
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
$1,167
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
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
233 Washington Ave, Revere MA 02151
Revere, MA 02151
Listing Information
Listing Agent
Annemarie Torcivia
Listing Office
Trinity Real Estate
Office Phone
781-231-9800
Agent MLS ID
B9500409
Office MLS ID
AN6934
Listing Data Updated
Aug 10, 2026 11:32 AM 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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