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A FOUR-UNIT PROPERTY. ONE OWNER FOR 40+ YEARS. MAJOR SYSTEM UPDATES. A PRIME REVERE LOCATION. Welcome to 16 Temple Street, Revere - A Well-Maintained 4-Unit Multi-Family Property that has been owned, cared for and thoughtfully maintained by the same owner for more than 40 years. Investors and owner-occupants should take notice. 16 Temple Street is an opportunity you won't want to overlook. Four-Unit properties represent a unique opportunity in the Revere market, offering the potential to acquire a substantial multifamily asset in one of the area's most convenient locations. 16 Temple Street is now ready for its next owner and its next chapter. The property has benefited from decades of responsible ownership and significant recent system upgrades. Each of the four units has separate utilities, and all residents are tenants-at-will. In 2022, the property received four new gas boilers and four new hot-water heaters. The entire electrical service was updated inside and out in 2021, including installation of separate owner's meter. Additional features include double-glazed tilt-in windows for easy cleaning, vinyl siding, a rubber main roof, an asphalt rear roof, and a walk-out basement. The fenced yard provides additional outdoor space and includes an exterior storage shed. Superb location-Walk to the Revere T Station. Bus service is available on Revere Street, while Revere Beach, Logan International Airport, and Boston are all just minutes away. This convenient location provides residents with easy access to transportation, employment, recreation, and the city. Opportunities to purchase a four-unit property in this location and with this history of ownership are uncommon. Whether you're looking to expand your investment portfolio or secure a multifamily property with strong long-term potential.
More Info
Basic Information
- Gross Income $54,300
- Lot Features Level
- Mls StatusActive
- Parcel Number 1373917
- Rent Includes Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks)), Unit 3(Water, Other (See Remarks)), Unit 4(Water, Other (See Remarks))
Tax Information
- Tax Assessed Value $1,035,200
- Tax Year 2026
- Taxes$9,254
Parking
- Open Parking YN Yes
- Parking Features On Street
- Parking Spaces
Rooms
- Bathroom4
- Bathrooms Total Decimal 4
- Bedrooms5
- Full Bath4
Basic Information
- List Price$1,270,000
- MLS Number73570613
- Modification Date10/01/2026
- Property SubType4 Family - 4 Units Up/Down
Location
- Address16 Temple Street
- Building Number16
- CountySuffolk
- StateMA
- StreetTemple Street
- TownRevere
- Zip02151
Building
- BasementFull, Walk-Out Access, Interior Entry, Concrete
- Building Area Units Square Feet
- Door Features Insulated Doors
- FoundationBlock
- Levels 4
- Patio And Porch Features Porch
- Rooms14
- Stories4
- Units4
- Utilities For Gas Range
- Window Features Insulated Windows
- Year Built1900
- Year Built Details Approximate
- Year Built Source Public Records
Property
- Acreage0.07
- Other Structures Shed(s)
Interior
- Flooring Tile, Hardwood, Carpet
- Interior Features Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Family Room
Exterior
- Fencing Fenced/Enclosed
- RoofShingle, Rubber
Utilities
- Electric Circuit Breakers, Individually Metered
- Electric Expense 230
- Heat SystemYes
- Heating Baseboard, Natural Gas, Individual
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 3,122
- Lot Size Square Feet 3,187
- Lot Size Units Acres
- Square Feet3,122
Amenities
- AmenitiesPublic Transportation, Shopping, Public School, T-Station
- Appliances IncludedRange
- Other AmenitiesBasement
Water Body
- Miles to Beach1
- Waterfront Features Ocean,1/2 to 1 Mile To Beach, Beach Ownership(Public)
Legal
- Zoning111
Other
- Date Listed09/01/2026
- Farm Land Area Units Square Feet
- View Count2
Map Location
Listed by Barbara Peterson of E.W. Peterson & Son RE
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