581 & 233 Proctor & Washington Ave Revere, MA $ 1,489,000
581 & 233 Proctor & Washington Ave
$ 1,489,000
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581 & 233 Proctor & Washington Ave

Revere, MA, 02151
$ 1,489,000
Bedrooms7 Baths4.2 Sq 6,457

Monthly Estimate*

$ 9,168

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Multi-Family Home for sale in Revere, MA

for $1,489,000 with 7 bedrooms and 4 full baths, 2 half baths. This 6,457 square foot home was built in 1960 on a lot size of 0.08.

Solid brick 4-unit mixed-use investment at 581 Proctor Ave & 233 Washington St featuring 3 residential units and a 2000+ sq ft commercial dance studio with long-term tenant of 39 years. Residential units include two 4-room/2-bedroom/1-bath apartments and one 6-room/3-bedroom unit with office or den. Common laundry room. Property currently operating at a strong 9% cap rate. All tenants are Section 8 with reliable income stream. All Delead Certificates in hand. Excellent cash flow, durable construction, and exceptional tenant stability make this a true investor opportunity. Dance studio leased till 2029. .

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Multi-Family Active

Price

$ 1,489,000

Bedrooms

7

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 14,000

Style

4 Family

Lot Size

0.08

Year Built

1960

Town/City

Revere

County/Region

Suffolk

MLS | Web ID

73481847

List By
Annemarie Torcivia

Listing Agent

Trinity Real Estate

Broker

Affordability Calculator

$10,335
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,168
Monthly Property Taxes
$1,167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
3/3/2026$1,489,000 Listed Price

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581 & 233 Proctor & Washington Ave, Revere, MA, 02151 is a Multi-Family Home for sale at $1,489,000 with 6,457 sqft and a lot size of 0.08. 581 & 233 Proctor & Washington Ave has 7 bedrooms, 4.2 baths, and was built in 1960. The property's zip code is 02151 which is in Revere, MA