101 Oak Island St, Revere MA 02151
Revere, MA 02151
$629,900
$599,900
Est. $3,679/month
Track this home for price, status, and open-house alerts.
About this home
Location, Location, Location! Don't miss this charming two-family home ideally situated within walking distance of Revere Beach and conveniently located near MBTA bus transportation. Whether you're a first-time homebuyer seeking rental income or an investor looking for a long-term hold, this property offers exceptional potential. The first-floor unit is vacant and move-in ready, featuring 2 bedrooms, 1 bathroom, and a functional kitchen. The second-floor unit is occupied by a tenant-at-will currently paying $2,150 per month and includes 2 bedrooms and 1 bathroom. Additional highlights include off-street parking for two vehicles, a private driveway, and a generously sized backyard—perfect for summer barbecues and outdoor entertaining. With Revere real estate continuing to appreciate thanks to its prime location and ongoing development, this is an excellent opportunity to own an income-producing property in a highly desirable area. Schedule your showing today and make this property yours
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
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
Property History
Market Insights
1
Price Changes
4.8%
Price Range
Property Timeline
Price Reduced
Jul 7, 2026
$599,900
$30,000
(-4.76%)
From $629,900 to $599,900 (-4.8%)
Listed for Sale
Jun 12, 2026
$629,900
Original listing
Agent: Felix Gutierrez
Office: Rey Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/07/2026 | ↓ Price Reduced | $599,900 | $30,000 | - | From $629,900 to $599,900 (-4.8%) |
| 06/12/2026 | 🏠 Listed for Sale | $629,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,346 | $589,400 |
Financial Details
Annual Property Tax
$5,346
Tax Year 2025
Assessed Value
$589,400
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1940
Living Area
1,756 sq ft
Lot Size
0.06 acres
Bedrooms
4
Full Baths
2
Total Rooms
8
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$2,150/mo · N
Total Monthly Rent
$2,150/mo
Gross Income
$25,800
Net Operating Income
$25,800
Cap Rate
4.30%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$5,346
Assessed Value
$589,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Owners Have Not Lived In The Property. No Guarantees Or Warranties Expressed Or Implied. Property May Need Flood Insurance.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
30 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1940
Bedrooms
4
Full Bathrooms
2
Living Area
1,756 sq ft
Total Rooms
8
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,756 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:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1940
Structure Type:
Exterior Materials:
Roof:
Foundation:
Block
Stories:
2
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Paved Drive
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
Elementary Schools
3 schools
B
Paul Revere School
0.7 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
1.4 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
1.6 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
Middle Schools
3 schools
A-
Rumney Marsh Academy
1.2 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
1.6 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
High Schools
3 schools
C
Revere High School
1.4 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
2.1 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
C-
Classical High School
2.7 mi
|
#302 of 346
|
Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students
Moderate
Early College Program
Rising School
Career Tech Programs
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
$446
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
Loading map...
Neighborhood
101 Oak Island St, Revere MA 02151
Revere, MA 02151
Listing Information
Listing Agent
Felix Gutierrez
Listing Office
Rey Realty Group
Office Phone
781-629-2449
Agent MLS ID
CN206109
Office MLS ID
AN4453
Listing Data Updated
Jul 11, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Revere.