281 Beach St, Revere, MA 02151
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$1,049,000
2 Unit
10 Beds
3 Baths
5101 SQFT
0.10 Acre

Property Description

RARE VALUE! Oversized, well-maintained 2-family with 10 beds and ~5,000 sq. ft. in prime Revere location! Two enormous and updated units, each with 5 beds and total monthly rents of $6900, and separately metered water! Great for investors or owner occupants, each unit offers Central AC, two-level living, gas heat and cooking, in-unit laundry, and 2 parking spaces. Both units include updated kitchens and baths, large living rooms w/ original beams & fireplaces, and formal dining rooms. Unit 1 was recently updated, including modern tiled bath and LVP flooring throughout, and offers 5 beds and 1.5 baths across two floors (LL & 1st floor). Unit 2 includes kitchen w/ SS appliances, granite island/breakfast bar, and city views. 3 beds on 2nd floor, with 2 additional large bedrooms on 3rd floor. Centrally located near bus lines, T-station, shopping, beach, highway & airport. Public electric panel in place for potential condo conversion! Unit 1 lease ends 8/31/25, Unit 2 lease through 9/30/26.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 10
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Fireplaces: 6
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Lead Certification Available
  • Common Appliances: Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 82800
  • Net Operating Income: 82800

Utilities

  • Heat Zones: 3
  • Cooling Zones: 3
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73405957
  • Last Updated: 07/17/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/17/2025New$1,049,000$206MLSPIN

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Seller's Representative: Seth Mitchell, The Mitchell Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-07-17 11:34:00

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