509 Broadway 1,4,7,10, & 11, Revere MA 02151

Revere, MA 02151
$1,250,000
Est. $7,458/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

Adjust the payment calculator
1
Beds
5
Baths
2,790
Sq Ft
$448
Price/Sq Ft
0.00
Acres
1972
Year Built
9
Parking
New today
Time on Market
For Sale Listed Nov 13, 2026 • MLS# 73602077 Copied! • Updated Nov 13, 2026

Track this home for price, status, and open-house alerts.

About this home

RARE INVESTMENT OPPORTUNITY! A portfolio of five condominiums located within a professionally managed 11-unit building in Revere! An excellent opportunity for investors looking to expand their rental portfolio without the extensive maintenance and upkeep associated with traditional multifamily ownership. Each condominium offers a comfortable and functional open layout, vinyl flooring, kitchens with ample cabinet space, and covered balconies. With estimated market rents ranging from $2,200 to $2,400 per month per unit, this portfolio offers strong rental income potential. Condo fees include heat, hot water, water, sewer, master insurance, laundry facilities, exterior maintenance, landscaping, snow removal, trash removal, and professional management. Conveniently located along Broadway, with easy access to local restaurants, shopping, public transportation, major highways, and Downtown Boston. Off-street parking is available on a first-come, first-served basis. A unique opportunity to acquire five income-producing assets in one building while benefiting from the convenience of condominium ownership. All five units are available for purchase as a package!

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 13, 2026
$1,250,000
Original listing
Agent: Nicholas Daher Office: Broad Sound Real Estate, LLC

Tax History

Year Taxes Assessment
2026 $11,249 $983,600

Financial Details

Annual Property Tax
$11,249
Tax Year 2026
Assessed Value
$983,600

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Side by Side
Year Built 1972
Living Area 2,790 sq ft
Lot Size 0.0000
Stories 5
Bedrooms 1
Full Baths 5
Total Rooms 14

Investment Metrics

Units 5
Unit 1 Rent — · N
Unit 2 Rent $2,200/mo · Y
Unit 4 Rent $2,100/mo
Total Monthly Rent $4,300/mo
Gross Income $51,600
Net Operating Income $51,600
Cap Rate 4.13%
Heating None
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement None
Laundry None
Features Living Room, Kitchen
Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Common
Total Spaces 9
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,249
Assessed Value $983,600
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Living area is approximate buyer and buyers agent to do their own due diligence.
Documents None
County Suffolk

Property Overview

Property Type
5+ Family - 5+ Units Side by Side
Listing Type
For Sale
Year Built
1972
Bedrooms
1
Full Bathrooms
5
Living Area
2,790 sq ft
Total Rooms
14
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1972
Structure Type:
Exterior Materials: Brick
Roof: Rubber
Foundation: Other
Stories: 5

Utilities & Systems

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 9
Parking Features: Off Street, Common
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

3 schools
B-
Staff Sargent James J. Hill Elementary School
0.2 mi | #449 of 825 | Score: 46.2
Improved 143 spots from last year
-12 below state avg
603 students Moderate
Rising School
Grades K-05
C
Abraham Lincoln School
0.3 mi | #593 of 825 | Score: 41.1
Improved 87 spots from last year
-17.1 below state avg
619 students Diverse
Rising School Diverse Student Body
Grades PK-05
Immaculate Conception Elementary School
0.4 mi
Grades PK-08
M

Middle Schools

3 schools
A-
Rumney Marsh Academy
0.4 mi | #5 of 16 | Score: 37.8
Improved 307 spots from last year
-20.5 below state avg
538 students Moderate
Rising School Strong Attendance
Grades 06-08
C
Susan B. Anthony Middle School
0.7 mi | #258 of 352 | Score: 35.7
Improved 8 spots from last year
-22.5 below state avg
537 students Diverse
Grades 06-08
C
Garfield Middle School
1.1 mi | #265 of 352 | Score: 35.1
Dropped 13 spots from last year
-23.1 below state avg
532 students Moderate
Grades 06-08
H

High Schools

3 schools
C
Revere High School
0.2 mi | #246 of 346 | Score: 47.4
Dropped 14 spots from last year
-10.8 below state avg
1,959 students Moderate
18 sports • 1,334 athletes
Early College Program College Ready Curriculum Strong Athletics
Grades 09-12
D
CityLab Innovation High School
1.5 mi | #330 of 346 | Score: 28.3
Improved 11 spots from last year
-29.9 below state avg
128 students Moderate
College Ready Curriculum
Grades 09-12
C
Chelsea Opportunity Academy
1.7 mi | #294 of 346 | Score: 59.3
Same rank as last year
115 students Less Diverse
College Ready Curriculum
Grades 09-12
Learn about these ratings

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 $937
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

Loading map...

Neighborhood

509 Broadway 1,4,7,10, & 11, Revere MA 02151

Revere, MA 02151

Listing Information

Listing Agent Nicholas Daher
Listing Office Broad Sound Real Estate, LLC
Office Phone 978-423-7782
Agent MLS ID CT004982
Office MLS ID AN3502
Listing Data Updated Nov 13, 2026 3:52 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Revere, MA

Real-time market trends and pricing data for this area

Loading market insights for Revere.