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48-50 Arcadia St, Revere MA 02151

Revere, MA 02151 • Oak Island
$1,029,999
Est. $5,968/month
5
Beds
3
Baths
2,160
Sq Ft
$477
Price/Sq Ft
0.15
Acres
1987
Year Built
8 hours 23 minutes
Time on Market
Active Open House Listed Jun 4, 2026 • MLS# 73530597 Copied!

About this home

Rarely does a property this turnkey hit the market steps from Revere Beach. The perfect trifecta: owner occupant dream, cash flowing investment, or condo conversion candidate. Unit 1 is a vacant, fully renovated 2 bed/2 bath featuring new flooring, fresh paint, stainless appliances, a master suite with private bath and walk-in closet, and a sliding glass door to a private covered patio. Unit 2, directly above, is a sun-drenched 3 bed/1 bath featuring soaring cathedral ceilings, large kitchen island, and a slider to a deck where ocean views await. Currently leased at $3,200/mo through 8/1 with the option to continue on month to month market rent ($3,500+). Each unit features brand new tankless water heaters, heat and AC, in-unit washer/dryer, and separate utilities. Newly landscaped fenced yard with arborvitae trees that divide it into two private retreats. Brand new exterior vinyl siding, new composite deck, cable railings, and 5 off-street parking spaces. Less than a mile from the T!

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1987
Bedrooms
5
Full Bathrooms
3
Living Area
2,160 sq ft
Total Rooms
9
Stories
2
Levels
2

Open House Schedule

06
Jun
Saturday, June 6
11:00 AM - 1:00 PM EDT
07
Jun
Sunday, June 7
11:00 AM - 1:00 PM EDT

Facts & Features

Central AC

Home Facts

Type Residential Income
Style Multi Family
Year Built 1987
Living Area 2,160 sq ft
Lot Size 0.15 acres
Bedrooms 5
Full Baths 3
Total Rooms 9

Interior

Heating Central, Natural Gas
Cooling Central Air
Flooring Wood, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement None
Laundry Electric Dryer Hookup, Washer Hookup
Features Storage, Upgraded Cabinets, Upgraded Countertops, Walk-in Closet(s), Bathroom With Shower Stall, Bathroom With Tub, Slider, Ceiling Fan(s), Cathedral/vaulted Ceilings, Open Floorplan, Internet Available - Fiber-optic, Living Room, Kitchen, Laundry Room, Living Rm/dining Rm Combo

Exterior

Construction Modular
Architecture None
Roof Shingle
Features Balcony/deck, Rain Gutters, Professional Landscaping, Sprinkler System
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Deck - Vinyl, Covered

Parking

Features Shared Driveway, Off Street, Stone/gravel, Unpaved
Total Spaces 5

Utilities

Electric 200+ Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Electric Dryer, Washer Hookup, Varies Per Unit

Financial

Annual Tax $6,712
Assessed Value $740,000

Interior Features

Flooring: Wood, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Storage, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom with Shower Stall, Bathroom With Tub, Slider, Ceiling Fan(s), Cathedral/Vaulted Ceilings, Open Floorplan, Internet Available - Fiber-Optic, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo
Windows: Skylight(s)
Basement:
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1987
Structure Type: House
Exterior Materials: Modular
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 2

Heating, Cooling & Utilities

Heating: Central, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water: Natural Gas, Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Balcony/Deck, Rain Gutters, Professional Landscaping, Sprinkler System
Patio & Porch: Deck - Vinyl, Covered
Fencing: Fenced/Enclosed, Fenced
Other Structures: Shed(s)
Lot Features: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 5
Parking Features: Shared Driveway, Off Street, Stone/Gravel, Unpaved

Special Features

View: Yes
View Type: Scenic View(s)
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, T-Station

Location

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Neighborhood

Oak Island

48-50 Arcadia St, Revere MA 02151

Revere, MA 02151

Walkability

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Nearby Schools

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

8 schools
Immaculate Conception Elementary School
1.7 mi
Grades PK-08
B
Paul Revere School
0.6 mi | #368 of 824 | Score: 48.5
Improved 185 spots from last year
-9.7 below state avg
497 students Diverse
Rising School
Grades K-05
C
Abraham Lincoln School
1.3 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
B
Garfield Elementary School
1.4 mi | #370 of 824 | Score: 48.4
Improved 349 spots from last year
-9.8 below state avg
639 students Moderate
Rising School
Grades PK-05
B-
Staff Sargent James J. Hill Elementary School
1.7 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+
A.C. Whelan Elementary School
1.8 mi | #506 of 824 | Score: 44.5
Improved 55 spots from last year
-13.7 below state avg
658 students Diverse
Rising School
Grades K-05
The Islamic Education School
1.8 mi
Grades K-05
B
Beachmont Veterans Memorial School
2.0 mi | #350 of 824 | Score: 49.1
Improved 63 spots from last year
-9.1 below state avg
346 students Diverse
Rising School
Grades PK-05
M

Middle Schools

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

High Schools

2 schools
C
Revere High School
1.3 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
2.0 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
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $559
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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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

Property Timeline

🔧
Property Type Updated
Jun 4, 2026
2 Family - 2 Units Up/Down → Multi Family
🏠
Listed for Sale
Jun 4, 2026
$1,029,999
Original listing
Office: Stuart St James, Inc.

Price & Status History

Date Event Price Change
Jun 4, 2026 New Listing Added $1,029,999

Market Statistics

Time on Market
8 hours 23 minutes
Price per Sq Ft
$477

Tax History

Year Taxes Assessment
2025 $6,712 $740,000

Financial Details

Annual Property Tax
$6,712
Tax Year 2025
Assessed Value
$740,000

Listing Information

Listing Agent Joseph Samuelman
Listing Office Stuart St James, Inc.
Agent MLS ID CN242171
Office MLS ID AC1022
Listing Data Updated Jun 4, 2026 7:11 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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BMN Boston Real Estate

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