462 American Legion Hwy, Revere MA 02151

Revere, MA 02151
$945,000
5
Beds
2
Baths
3,050
Sq Ft
$310
Price/Sq Ft
0.16
Acres
1939
Year Built
1
Garage Space
22
Days on Market
Sold Listed Mar 17, 2026 • MLS# 73487963 Copied! • Updated Jun 16, 2026

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Sale Statistics

Sale Overview
Original List Price: $985,000
Final Sale Price: $945,000
Difference: $40,000 (-4.1%)
Performance Metrics
95.9%
List to Sale Ratio
Sold below asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $323
Sale $/sq ft: $310
This property sold for $310 per square foot
Sale Summary

This property sold for 4.1% below the original asking price.

With only 22 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$310/sq ft
Area Median
$342/sq ft
Difference
9.4%

This property sold near the area median for similar homes.

About this home

462 American Legion Hwy in Revere presents a fantastic opportunity for both investors and owner-occupants alike. Conveniently located near Route 1 and Route 1A and just minutes from Market Basket, BJ’s, banks, restaurants, and a variety of shopping options, this well-maintained multi-family property offers strong income potential. The first unit is a completely renovated 2-bedroom, 1-bath currently furnished and operating as an Airbnb, generating approximately $35,000 in reservations over the past 9 months. It features modern mini-split systems for efficient heating and cooling, a spacious kitchen with 2 tone cabinets, quartz countertops & peninsula, and large closets. The second unit is a generously sized 2 level, 3 bedroom unit that lives like a single family, offering a living room, dining room, large kitchen, hardwood floors, and oversized bedrooms. The property sits on a huge fully fenced lot with plenty of parking, making it ideal for both residents and guest!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
40.7%
Price Range
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73586359
Full transaction history available when tracking began
🏡
Currently Listed
Oct 4, 2026
$1,080,000
MLS #73586359 - Active
⏳
Pending Sale
Apr 10, 2026
Offer accepted, sale pending
↓
Price Reduced
Apr 7, 2026
$949,999 $35,001 (-3.55%)
From $985,000 to $949,999 (-3.5%)
🏠
Listed for Sale
Mar 18, 2026
$985,000
Original listing
Agent: Juan Cano Office: Broad Sound Real Estate, LLC
Previous Transaction - MLS #73175933
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 29, 2024
$640,000
MLS #73175933

Tax History

Year Taxes Assessment
2025 $5,953 $656,300

Financial Details

Annual Property Tax
$5,953
Tax Year 2025
Assessed Value
$656,300

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style Multi Family
Year Built 1939
Living Area 3,050 sq ft
Lot Size 0.16 acres
Bedrooms 5
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $3,300/mo · N
Total Monthly Rent $3,300/mo
Gross Income $39,600
Net Operating Income $39,600
Cap Rate 4.17%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Paved Drive
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,953
Assessed Value $656,300
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Owner
Documents None
County Suffolk
Total market time (incl. prior listings) 24 days

Property Overview

Property Type
Multi Family
Listing Type
Sold
Year Built
1939
Bedrooms
5
Full Bathrooms
2
Living Area
3,050 sq ft
Total Rooms
10
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1939
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 6
Parking Features: Paved Drive
School District
Revere School District local
C
⚠ School Safety 2024-25
4.0% Above Average
1.8% Suspensions 0.1% Expulsions 2.1% Emergency
↓ 1.5% below state avg
E

Elementary Schools

8 schools
Immaculate Conception Elementary School
1.0 mi
Grades PK-08
C
Abraham Lincoln School
0.4 mi | #592 of 825 | Score: 41.1
Improved 88 spots from last year
-17.1 below state avg
619 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Paul Revere School
0.5 mi | #392 of 825 | Score: 48.0
Improved 161 spots from last year
-10.2 below state avg
447 students Diverse
Rising School Strong Attendance
Grades K-05
C+
A.C. Whelan Elementary School
0.8 mi | #501 of 825 | Score: 44.8
Improved 60 spots from last year
-13.5 below state avg
619 students Diverse
Rising School
Grades K-05
B-
Staff Sargent James J. Hill Elementary School
0.9 mi | #449 of 825 | Score: 46.2
Improved 143 spots from last year
-12 below state avg
603 students Moderate
Rising School
Grades K-05
The Islamic Education School
1.0 mi
Grades K-05
B
Garfield Elementary School
1.3 mi | #365 of 825 | Score: 48.5
Improved 354 spots from last year
-9.7 below state avg
615 students Moderate
Rising School
Grades PK-05
B
Beachmont Veterans Memorial School
1.9 mi | #350 of 825 | Score: 48.9
Improved 63 spots from last year
-9.3 below state avg
333 students Diverse
Rising School
Grades PK-05
M

Middle Schools

3 schools
A-
Rumney Marsh Academy
0.5 mi | #5 of 16 | Score: 37.8
Improved 307 spots from last year
-20.5 below state avg
538 students Moderate
Rising School Strong Attendance
Grades 06-08
C
Susan B. Anthony Middle School
0.8 mi | #258 of 352 | Score: 35.7
Improved 8 spots from last year
-22.5 below state avg
537 students Diverse
Grades 06-08
C
Garfield Middle School
1.3 mi | #265 of 352 | Score: 35.1
Dropped 13 spots from last year
-23.1 below state avg
532 students Moderate
Grades 06-08
H

High Schools

2 schools
C
Revere High School
0.6 mi | #247 of 346 | Score: 47.4
Dropped 15 spots from last year
-10.8 below state avg
1,959 students Moderate
18 sports • 1,334 athletes
Early College Program College Ready Curriculum Strong Athletics
Grades 09-12
D
CityLab Innovation High School
1.9 mi | #330 of 346 | Score: 28.3
Improved 11 spots from last year
-29.9 below state avg
128 students Moderate
College Ready Curriculum
Grades 09-12
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Location

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Neighborhood

462 American Legion Hwy, Revere MA 02151

Revere, MA 02151

Listing Information

Listing Agent Juan Cano
Listing Office Broad Sound Real Estate, LLC
Office Phone 978-423-7782
Agent MLS ID CN231824
Office MLS ID AN3502
Listing Data Updated Jun 16, 2026 10:29 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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