233 Washington Ave, Revere MA 02151

Revere, MA 02151

$1,415,000

Est. $8,522/month

Beds

Baths

6,457

Sq Ft

$219

Price/Sq Ft

0.08

Acres

1960

Year Built

4 Family

Type

Days on Market

Active Price Drop -$74,000 Listed Mar 3, 2026 • MLS# 73481847 Copied!

About this home

Solid brick 4-unit mixed-use investment at 233 Washington St w/ 3 residential units on 581 Proctor Ave. At 233 Washington Ave is a 2000+ sq ft commercial dance studio with long-term tenant of 39 years. Residential units at 581 Proctor Ave include two 4-room/2-bedroom/1-bath apartments and one 6-room/3-bedroom unit with office or den. Common laundry room. Property currently operating at a strong 9% cap rate. All tenants are Section 8 with reliable income stream. All Delead Certificates in hand. Excellent cash flow, durable construction, and exceptional tenant stability make this a true investor opportunity. Dance studio leased till 2029. Public records has it listed as 581 Proctor but Google as 233 Washington.

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Property Overview

Property Type

4 Family

Listing Type

For Sale

Year Built

1960

Bedrooms

Full Bathrooms

Half Bathrooms

Living Area

6,457 sq ft

Total Rooms

Stories

Levels

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

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

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $14,000

Assessed Value $1,126,500

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

Parking Features:

Special Features

Fireplaces: 1

Fireplace Type: Wood Burning

Community Amenities: Public Transportation, Shopping

Location

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Neighborhood

233 Washington Ave, Revere MA 02151

Revere, MA 02151

Walkability

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Nearby Schools

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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

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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.

Property History

Market Insights

Price Range

Property Timeline

⏳

Pending Sale

Mar 13, 2026

Offer accepted, sale pending

🏠

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
03/13/2026	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
03/03/2026	🏠 Listed for Sale	$1,415,000	-	-	Original listing
03/03/2026	🏠 Listed for Sale	$1,489,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Mar 3, 2026	New Listing Added	$1,415,000	—
Mar 3, 2026	New Listing Added	$1,489,000	—

Market Statistics

Days on Market

73 days

Price per Sq Ft

$219

Total Price Drop

-$74,000

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

Listing Information

Listing Agent Annemarie Torcivia

Listing Office Trinity Real Estate

Agent MLS ID B9500409

Office MLS ID AN6934

Listing Data Updated May 15, 2026 2:27 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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Pending Sale

Listed for Sale

Listed for Sale

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233 Washington Ave, Revere MA 02151

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Location

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Listed for Sale

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