
16 Temple Street Revere — Photo 1 of 20
$1,270,000
Investment Analysis — 16 Temple Street
Revere, MA 02151
Based on rent reported on the MLS listing, a 4-unit multi-family in 02151 carries $5,250/mo in gross rent — about a 3.04% cap rate and $38,626/yr in estimated NOI at the $1,270,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
4
SqFt
3,122
Style
4 Family - 4 Units Up/Down
Built
1900
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.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range
Neighborhood
Public Transportation • Shopping • Public School • T-Station
Geography
Listing Agent: Barbara Peterson
Listing Office: E.W. Peterson & Son RE
MLS® Number: 73570613
