INVESTOR/CONTRACTOR SPECIAL! Opportunity to restore a multifamily property in a prime Revere location. Property sustained a basement fire on August 11, 2025. Most damage occurred in the basement, with additional damage to the upper units resulting from firefighting efforts. Property is being sold AS-IS and will not qualify for conventional, FHA, VA, or other traditional financing. Cash buyers only. The City of Revere is requiring the installation of a sprinkler system throughout the building as part of the restoration process. Buyer and buyer's agent to perform all due diligence regarding permits, code requirements, renovations, and intended use. Property is located behind another residence and is accessed via a 3-foot-wide pedestrian easement. No vehicle access or on-site parking. Approx. 2-minute walk to Revere Beach MBTA Station, less than 5 minutes to Revere Beach, and close to restaurants, shopping, and local amenities. Proof of funds required to see the property.
AMAZING INVESTMENT OPPORTUNITY! RARE three unit multi-family property for sale in a PRIME LOCATION right next to the Revere Beach train station in a newly developing neighborhood! Basement unit is a one bedroom. Second unit is a two bedroom that was completely renovated in August 2018 with a brand new kitchen and hardwood floors throughout. Third unit is a three bedroom. All rented units are tenancy-at-will agreements. Upgrades include all new circuit breaker panels and main breakers in December 2018. One hot water heater was replaced August 2018. All units are lead certified. All units are separately metered; tenants pay for their own electric and gas bills.
Year
Property tax
Land + Additions
Assessment*
2023
$6,729 (+1.2%)
$134,000 + $573,600
$707,600
2022
$6,652 (+14.6%)
$127,900 + $511,700
$639,600
2021
$5,804 (+2.3%)
$117,700 + $407,100
$524,800
2020
$5,671 (+7.9%)
$112,600 + $391,000
$503,600
2019
$5,257 (+10.9%)
$113,700 + $320,400
$434,100
2018
$4,741 (+7.7%)
$112,600 + $253,200
$365,800
2017
$4,403 (+24.9%)
$86,400 + $228,300
$314,700
2016
$3,524 (−2.4%)
$75,000 + $168,900
$243,900
2015
$3,610 (+1.8%)
$75,000 + $168,900
$243,900
2014
$3,545 (+7.5%)
$71,600 + $156,400
$228,000
2013
$3,297 (−1.0%)
$64,800 + $147,100
$211,900
2012
$3,330 (+11.2%)
$73,900 + $147,100
$221,000
2011
$2,995 (+3.5%)
$73,900 + $133,500
$207,400
2010
$2,895 (−22.1%)
$83,000 + $133,500
$216,500
2009
$3,718
$87,500 + $243,600
$331,100
Public record
Beds
3
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
1,742 Sq. Ft.
Year renovated
—
Sq. Ft.
2,293
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Suffolk County
APN
1368583
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Property details
Parking
Parking Information
Has Open Parking
Open Parking Spaces: 0
Parking Features: Paved Drive
Interior
Bathroom Information
# of Bathrooms (Full): 3
Laundry Information
Laundry Features: Gas Dryer Hookup, Washer Hookup
Interior Features
# of Rooms (Total): 13
Flooring: Wood, Tile
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 2
# of Floors: 3
Lease: N
Exterior
Building Information
Building Area (Total): 2,118
Foundation Details: Block
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Actual
Color: Brown
Property Information
PropertySubType: 3 Family
Above Grade Finished Area: 1694
Below Grade Finished Area: 424
Levels: 4
Lot Information
Lot Size (Acres): 0.04
Lot Features: Easements
Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $6,411
Tax Year: 2025
Utilities
Utility Information
Utilities: for Gas Range, for Gas Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: GPS
UnparsedAddress: 1509A North Shore Rd., Revere MA 02151
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Laundromat, Public School, T-Station
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 2,293
Stories: 3.0
Lot Size: 1,742 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Suffolk County
APN: 1368583
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Garfield Elementary School
Public PreK-5 • Assigned • 0.3mi
6/10
Garfield Middle School
Public 6-8 • Assigned • 0.3mi
5/10
Revere High School
Public 9-12 • Assigned • 0.8mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
6/10 Wind Factor
65% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Revere, MA • 02151
Average low and high temperatures (°F)
34
21
37
22
51
33
58
41
68
51
79
62
84
68
79
62
74
58
64
47
53
38
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
60/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
1.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$680,000 – $823,000
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