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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

More Info

Basic Information

  • Gross Income $25,800
  • Mls StatusNew
  • Parcel Number M:11 B:190F L:5,1370455

Tax Information

  • Tax Assessed Value $589,400
  • Tax Year 2025
  • Taxes$5,346

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces2

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2

Basic Information

  • List Price$629,900
  • MLS Number73534948
  • Modification Date06/11/2026
  • Property SubTypeMulti Family

Location

  • Address101 Oak Island Street
  • Building Number101
  • CountySuffolk
  • StateMA
  • StreetOak Island Street
  • TownRevere
  • Zip02151

Building

  • Building Area Units Square Feet
  • FoundationBlock
  • Levels 2
  • Rooms8
  • Stories2
  • Units2
  • Year Built1940
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.06

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 1,756
  • Lot Size Square Feet 2,801
  • Lot Size Units Acres
  • Square Feet1,756

Water Body

  • Waterfront Features Ocean, Beach Ownership(Public)

Legal

  • ZoningNB

Other

  • Date Listed06/12/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Felix Gutierrez of Rey Realty Group

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