$1,399,000
233 Washington Ave
Revere, MA, 02151
BACK ON MARKET – MIXED-USE INVESTMENT OPPORTUNITY! Solid brick 4-unit property offering strong residential and commercial income. Commercial space consists of a 2,000+ sq. ft. dance studio with a long-term tenant of approximately 39 years and lease through 2029. Three residential units include two 2-bedroom units and one 3-bedroom unit with office/den. Residential units are Section 8 with delead certificates in hand. Currently operating at approximately an 8% cap rate. Common laundry and 3 off-street parking spaces. Excellent cash flow, established tenants and multiple income streams make this a solid addition to an investor’s portfolio. All financials, leases, and lead certs available after accepted offer.
Property Details
Price:
$1,399,000
MLS #:
73481847
Status:
Pending
Beds:
7
Baths:
5
Type:
Multi Family
Subtype:
4 Family
Listed Date:
Mar 3, 2026
Finished Sq Ft:
6,457
Total Sq Ft:
6,457
Lot Size:
3,615 sqft / 0.08 acres (approx)
Year Built:
1960
Units:
4
Schools
Interior
Above Grade Finished Area
6457
Appliances
Range, Microwave, Refrigerator, Dishwasher, Other
Bathrooms
4 Full Bathrooms, 2 Half Bathrooms
Cooling
None, Wall Unit(s)
Fireplaces Total
1
Flooring
Wood, Tile
Heating
Baseboard, Natural Gas
Interior Features
Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Ceiling Fan(s), Studio, Living Room, Kitchen, Living RM/Dining RM Combo, Office/Den
Levels
4
Exterior
Community Features
Public Transportation, Shopping
Construction Materials
Brick
Lot Features
Corner Lot
Open Parking Spaces
5
Parking Spots
5
Parking Total
5
Roof
Shingle
Security Features
Security System
Stories
4
Window Features
Picture Window
Financial
Tax Year
2025
Taxes
$14,000
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Revere as of Sep 21, 2026
44
Multi Family Listed
127
Avg DOM
366
Avg $ / SqFt
$1,146,613
Avg List Price
Community
- Address233 Washington Ave Revere MA
- CityRevere
- CountySuffolk
- Zip Code02151
Subdivisions in Revere
Similar Listings Nearby
Property Summary
- 233 Washington Ave Revere MA is a Multi Family for sale in Revere, MA, 02151. It is listed for $1,399,000 To schedule a showing of MLS#73481847 at 233 Washington Ave in Revere, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Trinity Real Estate. The property listing data and information 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 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 set forth herein.
233 Washington Ave
Revere, MA