233 Washington Ave Revere MA 02151 MLS #73481847

233 Washington Ave
Revere, MA, 02151
$1,415,000
7 Beds
5 Baths
6,457 SqFt
0.08 Acres
$1,415,000
233 Washington Ave
Revere, MA, 02151
MLS #73481847 image #0
Outstanding mixed-use investment featuring a 2,000+ sq. ft. commercial dance studio with a 39-year tenant and lease through 2029, plus three residential units consisting of two 2-bedroom apartments and one 3-bedroom apartment with office/den. All residential units are deleaded and occupied by Section 8 tenants, providing a reliable income stream. Solid brick construction, common laundry, off-street parking, and exceptional tenant retention make this a turnkey investment opportunity with immediate cash flow and long-term stability.

Property Details

Price:
$1,415,000
MLS #:
73481847
Status:
Active
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

Net Operating Income
$118,000
Tax Year
2025
Taxes
$14,000
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

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 Jul 12, 2026
49
Multi Family Listed
108
Avg DOM
356
Avg $ / SqFt
$1,065,234
Avg List Price

Community

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Property Summary

    233 Washington Ave Revere MA is a Multi Family for sale in Revere, MA, 02151. It is listed for $1,415,000 To schedule a showing of MLS#73481847 at 233 Washington Ave in Revere, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
233 Washington Ave
Revere, MA