281 Beach St, Revere MA 02151

Revere, MA 02151
$1,025,000
Est. $5,455/month
10
Beds
2.5
Baths
5,101
Sq Ft
$201
Price/Sq Ft
0.10
Acres
1900
Year Built
2 Family - 2 Units Up/Down
Type
33
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73405957

About this home

RARE 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

Sale Statistics

Sale Overview
Original List Price: $1,049,000
Final Sale Price: $1,025,000
Difference: $24,000 (-2.3%)
Performance Metrics
97.7%
List to Sale Ratio
Sold below asking price
33
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $206
Sale $/sq ft: $201
This property sold for $201 per square foot
Sale Summary

This property sold for 2.3% below the original asking price.

The property spent 33 days on market before selling.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
10
Full Bathrooms
2
Half Bathrooms
1
Living Area
5,101 sq ft
Total Rooms
16
Stories
4
Levels
4

Interior Features

Flooring
Varies, Laminate
Heating
Central, Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
6
Appliances
Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
Interior Features
Lead Certification Available, Living Room, Dining Room, Kitchen, Laundry Room
Basement Details
Full

Exterior & Structure

Construction Materials
Frame, Brick
Roof
Shingle
Foundation
Stone
Has Spa
No
Waterfront Features
1/2 to 1 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.10 acres
Lot Size
4,251 sq ft
Lot Size Area
0.1000
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,741
Tax Year
2025
Tax Assessed Value
$963,700
Parcel Number
M:16 B:237 L:14B,1372333
Zoning
RB

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Letter of Lead Compliance in hand for Unit 2- see attachments. No lead test performed for Unit 1. Seller has not occupied property for several years. Unit 1 Lease ends 8/31/25, willing to sign new lease or offered vacant; Unit 2 lease ends 9/30/26. One AC compressor to be repaired prior to closing.
Exclusions
Tenant Belongings Excluded

Location

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Neighborhood

281 Beach St, Revere MA 02151

Revere, MA 02151

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $728
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

Sold
Sep 18, 2025
Property sold
🏠
Listed for Sale
Jul 17, 2025
$1,049,000
Original listing
Agent: Seth Mitchell Office: The Mitchell Group

Price & Status History

Date Event Price Change
Jul 17, 2025 New Listing Added $1,049,000

Market Statistics

Days on Market
33 days
Price per Sq Ft
$201

Tax History

Year Taxes Assessment
2025 $8,741 $963,700

Financial Details

Annual Property Tax
$8,741
Tax Year 2025
Assessed Value
$963,700

Listing Information

Listing Agent Seth Mitchell
Listing Office The Mitchell Group
Agent MLS ID CT002036
Office MLS ID AN7287

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