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7 Beds
6 Baths
6,457 sqft

$1,399,000

233 Washington Ave, Revere MA, 02151

Price per sqft$216.66
Built in1960
Property size6,457 sqft
Property typeMulti-family

Overview

Pending

Under Agreement

Listed Mar 3, 2026

Updated 8 days ago

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.

$9,308/mo

Est. mortgage payment based on a $1,399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73481847

Interior Features

Bedrooms
7
Bathrooms
6
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$14,000
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Annemarie Torcivia with Trinity Real Estate

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Data last updated 3:04 PM UTC, 10/14/2026

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