Seller's Agent in 2025
Seth Mitchell
The Mitchell Group
(860) 617-1844
1 in this area
81 Total Sales
281 Beach St Revere, MA 02151
Downtown Revere Neighborhood
10
Beds
2.5
Baths
5,101
Sq Ft
4,251
Sq Ft Lot
Highlights
- Medical Services
- 6 Fireplaces
- Living Room
- Property is near public transit
- Corner Lot
- Park
About This Home
As of September 2025RARE 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 & 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 & cooking, in-unit laundry, and parking. 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 for potential condo conversion, roof replaced in 2021! Unit 1 lease ends 8/31/25, Unit 2 lease through 9/30/26
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,741
Year Built
- Built in 1900
Lot Details
- 4,251 Sq Ft Lot
- Corner Lot
Home Design
- Duplex
- Brick Exterior Construction
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- Property has 1 Level
- 6 Fireplaces
- Living Room
- Dining Room
- Laminate Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 10 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 3 Cooling Zones
- 3 Heating Zones
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $6,900
- Rent includes unit 1(none), unit 2(none)
- Assessor Parcel Number M:16 B:237 L:14B,1372333
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Bike Trail
Building Details
- Net Operating Income $82,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2025
Closed on
Sep 18, 2025
Sold by
Woodward-Cable Nitasha
Bought by
Chen Pan H and Chen Fen Q
Seller's Agent
Seth Mitchell
The Mitchell Group
Buyer's Agent
May Mai
PWK Realty LLC
List Price
$1,049,000
Sold Price
$1,025,000
Premium/Discount to List
-$24,000
-2.29%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,545
Avg. Annual Appreciation
17.67%
Original Mortgage
$650,000
Outstanding Balance
$648,851
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$418,694
Purchase Details
Listed on
Mar 17, 2016
Closed on
Jul 1, 2016
Sold by
Rmc International Inv
Bought by
Woodward Nitasha L
Seller's Agent
Maria Silveira
Century 21 North East
Buyer's Agent
Nicole Byrne
The Galvin Group, LLC
List Price
$639,900
Sold Price
$615,000
Premium/Discount to List
-$24,900
-3.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$594,474
Interest Rate
3.58%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 4, 2012
Sold by
East Point Rt and Dowd
Bought by
Rmct International Inv
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,025,000 | -- | |
| Quit Claim Deed | $615,000 | -- | |
| Quit Claim Deed | $615,000 | -- | |
| Quit Claim Deed | $615,000 | -- | |
| Deed | $273,000 | -- | |
| Deed | $273,000 | -- | |
| Deed | $273,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | New Conventional | |
| Previous Owner | $594,474 | FHA | |
| Previous Owner | $100,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2025 09/18/25 | Sold | $1,025,000 | -2.3% | $201 / Sq Ft | |
| 08/06/2025 08/06/25 | Pending | -- | -- | -- | |
| 07/17/2025 07/17/25 | For Sale | $1,049,000 | +70.6% | $206 / Sq Ft | |
| 07/01/2016 07/01/16 | Sold | $615,000 | -3.9% | $127 / Sq Ft | View Prior Sale |
| 03/29/2016 03/29/16 | Pending | -- | -- | -- | |
| 03/17/2016 03/17/16 | For Sale | $639,900 | -- | $132 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| 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 | $8,741 | $963,700 | $285,900 | $677,800 |
| 2024 | $8,684 | $953,200 | $270,000 | $683,200 |
| 2023 | $8,365 | $879,600 | $225,500 | $654,100 |
| 2022 | $8,318 | $799,800 | $214,400 | $585,400 |
| 2021 | $8,121 | $734,300 | $198,500 | $535,800 |
| 2020 | $8,006 | $711,000 | $198,500 | $512,500 |
| 2019 | $7,649 | $631,600 | $181,100 | $450,500 |
| 2018 | $7,694 | $593,700 | $163,600 | $430,100 |
| 2017 | $7,258 | $518,800 | $143,000 | $375,800 |
| 2016 | $5,320 | $368,200 | $130,200 | $238,000 |
| 2015 | $5,449 | $368,200 | $130,200 | $238,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Mitchell
-
May Mai
Buyer's Agent in 2025
May Mai
PWK Realty LLC
(617) 319-1819
2 in this area
31 Total Sales
-
Maria Silveira
Seller's Agent in 2016
Maria Silveira
Century 21 North East
(781) 241-3228
2 in this area
56 Total Sales
-
N
Buyer's Agent in 2016
Nicole Byrne
The Galvin Group, LLC
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73405957
APN: REVE-000016-000237-000014B
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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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