462 American Legion Hwy, Revere, MA 02151
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$985,000
2 Unit
5 Beds
2 Baths
3050 SQFT
0.16 Acre

Property Description

462 American Legion Hwy in Revere presents a fantastic opportunity for both investors and owner-occupants alike. Conveniently located near Route 1 and Route 1A and just minutes from Market Basket, BJ’s, banks, restaurants, and a variety of shopping options, this well-maintained multi-family property offers strong income potential. The first unit is a completely renovated 2-bedroom, 1-bath currently furnished and operating as an Airbnb, generating approximately $35,000 in reservations over the past 9 months. It features modern mini-split systems for efficient heating and cooling, a spacious kitchen with 2 tone cabinets, quartz countertops & peninsula, and large closets. The second unit is a generously sized 2 level, 3 bedroom unit that lives like a single family, offering a living room, dining room, large kitchen, hardwood floors, and oversized bedrooms. The property sits on a huge fully fenced lot with plenty of parking, making it ideal for both residents and guest!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 39600
  • Net Operating Income: 39600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1939
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73487963
  • Last Updated: 03/17/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/17/2026New$985,000$323MLSPIN
01/29/2024Sold$640,000$233MLSPIN
12/13/2023Under Agreement$675,000$246MLSPIN
12/07/2023Contingent$675,000$246MLSPIN
11/19/2023Active$675,000$246MLSPIN
11/15/2023Price Change$675,000$246MLSPIN
11/05/2023Active$705,000$257MLSPIN
11/01/2023New$705,000$257MLSPIN

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Seller's Representative: Juan Cano, Broad Sound Real Estate, LLC
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 2026-03-17 22:09:00