101 Oak Island St, Revere, MA 02151
Suffolk County
Key Facts
Description
Location, Location, Location! Don't miss this charming two-family home ideally situated within walking distance of Revere Beach and conveniently located near MBTA bus transportation. Whether you're a first-time homebuyer seeking rental income or an investor looking for a long-term hold, this property offers exceptional potential. The first-floor unit is vacant and move-in ready, featuring 2 bedrooms, 1 bathroom, and a functional kitchen. The second-floor unit is occupied by a tenant-at-will currently paying $2,150 per month and includes 2 bedrooms and 1 bathroom. Additional highlights include off-street parking for two vehicles, a private driveway, and a generously sized backyard—perfect for summer barbecues and outdoor entertaining. With Revere real estate continuing to appreciate thanks to its prime location and ongoing development, this is an excellent opportunity to own an income-producing property in a highly desirable area. Schedule your showing today and make this property yours
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1940
Stories
2
Living Area
1,756 sq ft
Lot Size
0.06 acres
Parking Spaces
2
Zoning
NB
Days on Market
30
MLS® Listing#
73534948
Property Features
Appliances
Parking
Foundation
Sewer
Water Source
Financial Details
Annual Taxes
$5,346
Tax year 2025
Assessed Value
$589,400
Parcel Number
M:11 B:190F L:5,1370455
Directions
Off of North Shore Road
Affordability Calculator
$119,980
Estimated monthly payment
$3,193/mo
Principal $479,920 · Est. interest $669,531 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Revere, MA
- $661,111
- Median Listing Price
- 45
- Median Days on Market
- 1,522
- Median Sq Ft
- $441
- Median Price / Sq Ft
- 87
- Active Listings
- This home’s price is 9% below the area median.
- Its price per sq ft is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Revere, MA.
Location
Points of Interest in Revere, MA
Showing the Revere area map.
Nearby Schools
Paul Revere
Elementary · 0.7 mi away
Northeast Montessori School
Elementary · 0.9 mi away
Abraham Lincoln Elementary School
Elementary · 1.4 mi away
Revere Public Schools
School · 1.4 mi away
Revere High School
Secondary · 1.5 mi away
Garfield Elementary School
Elementary · 1.6 mi away
Revere City of
Elementary · 1.6 mi away
Kiddie Koop of Revere
School · 1.7 mi away
Immaculate Conception Church
School · 1.7 mi away
Hill School
Elementary · 1.8 mi away
AC Whelan Elementary School
Elementary · 1.8 mi away
Susan B. Anthony Middle School
Secondary · 1.8 mi away
William McKinley
School · 1.8 mi away
City of Revere: Veterans Service Office
Elementary · 1.8 mi away
Ballard School
School · 1.9 mi away
Seacoast School
School · 2.2 mi away
Beachmont Veterans Memorial School
Elementary · 2.2 mi away
City of Revere
School · 2.2 mi away
Veterans Memorial Elementary School
Elementary · 2.2 mi away
Lynn Public Schools
School · 2.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 27 Wave Ave C, Revere, MA | $459,721 | 4 | 1 | 1,231 |
| 286 Fenno St 1, Revere, MA | $495,000 | 3 | 2 | 1,238 |
| 584 Revere St 8, Revere, MA | $499,000 | 3 | 3 | 1,526 |
| 33 Wave Ave U:3, Revere, MA | $515,900 | 3 | 1 | 1,033 |
| 216 Crest Ave, Revere, MA | $639,000 | 3 | 1 | 1,103 |
| 111 Arnold St, Revere, MA | $639,999 | 4 | 2 | 1,498 |
Moving Cost Estimate
EXIT Agents in Revere
Listing Courtesy: Rey Realty Group - 7816292449
Presented by: Felix Gutierrez