$675,000
OPEN SUN 3PM - 4PM

151 School St Revere, MA 02151

Downtown Revere Neighborhood

Estimated payment $4,193/month

Total Views 43
3 Beds
2 Baths
2,532 Sq Ft
$267 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Porch
  • Property is near a beach
  • Home Office
  • Bathtub with Shower

About This Home

**ATTENTION INVESTORS** Excellent opportunity to own a two-family residence in a convenient Revere location with strong potential for rental income, value-add improvements, and long-term investment. Built in 1925, this property offers 3 bedrooms, 2 full bathrooms, 8 total rooms, and approximately 2,532 square feet of living area on a 4,352-square-foot lot. Located in the vibrant city of Revere, this property provides convenient access to Boston, Logan International Airport, public transportation, shopping, dining, and the North Shore. Revere is home to **Revere Beach**, America's first public beach, offering miles of coastline. Revere has three MBTA Blue Line stops and is approximately five minutes from Logan International Airport. Whether you're looking to expand your rental portfolio, owner-occupy while generating rental income, or renovate and add value, this two-family property offers an excellent opportunity in a highly accessible Greater Boston location. Building will be delivered vacant **Bring your vision and explore the possibilities

Listing Agent

Jenna DeRose

NextGen Realty, Inc. Listed on: 08/20/2026

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,880

Year Built

  • Built in 1925

Lot Details

  • 4,352 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,532 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Home Office
  • Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Property is near a beach
  • Rain Gutters
  • Porch

Location

  • Property is near public transit and schools

Schools

  • Hill / Lincoln Elementary And Middle School
  • Revere High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Medical Services

Listing and Financial Details

  • Legal Lot and Block 2 / 266
  • Assessor Parcel Number 162662,1372828

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,880

Year Built

Built in 1925

Lot Details

4,352 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1925
  • Levels: 2
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: OpenHouse
  • Stories: 2

Interior Features

  • Flooring: Tile, Carpet, Varies, Laminate
  • Interior Amenities: Pantry, Bathroom With Tub & Shower, Living Room, Kitchen, Living RM/Dining RM Combo, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 3
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 2532
  • Living Area: 2532
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Box/Bay/Bow Window(s)
  • MAIN LO: BB9279

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: None, Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: City
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, House of Worship, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 162662,1372828
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4352
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5880
  • Tax Block: 266
  • Tax Lot: 2

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Revere High School
  • Elementary School: Hill / Lincoln School
  • Middle Or Junior School: Hill / Lincoln School

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,880 $648,300 $286,200 $362,100
2024 $5,788 $635,400 $270,300 $365,100
2023 $5,474 $575,600 $225,800 $349,800
2022 $5,496 $528,500 $214,600 $313,900
2021 $5,381 $486,500 $198,700 $287,800
2020 $5,368 $476,700 $198,700 $278,000
2019 $5,158 $425,900 $181,200 $244,700
2018 $5,153 $397,600 $163,800 $233,800
2017 $4,520 $323,100 $143,100 $180,000
2016 $3,832 $265,200 $130,400 $134,800
2015 $3,925 $265,200 $130,400 $134,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/20/2026 08/20/26 For Sale $675,000 -- $267 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $810,000 Reverse Mortgage Home Equity Conversion Mortgage
Closed $810,000 FHA
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73566532

MLS Property Information Network (MLS PIN)

APN: REVE-000016-000266-000002

Massachusetts Suffolk County Revere 02151 Downtown Revere

151 School St, Revere, MA

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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Listing Agent
Jenna DeRose
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NextGen Realty, Inc.
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