Back to Search
Active
7 Days on market
214 Malden St. #1 Revere — Photo 1 of 38

214 Malden St. #1 Revere — Photo 1 of 38

$359,900

Investment Analysis — 214 Malden St. #1

Revere, MA 02151

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02151 carries an estimated $2,570/mo in gross rent — about a 4.80% cap rate and $17,261/yr in estimated NOI at the $359,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

725

Style

Condominium

Built

1900

Welcome to this charming and sun-filled 2-bedroom condo located in a beautifully converted Victorian in West Revere! Offering a wonderful combination of character, modern updates, convenience and value, this first-floor end unit features a comfortable, functional layout with plenty of natural light throughout. Originally built in 1900, the property underwent an extensive condominium conversion in 2005, bringing modern conveniences to this classic Victorian. This well-cared-for unit is move-in ready with several recent improvements. The updated kitchen features NEW vinyl flooring, NEW granite countertops, stainless steel appliances, & gas cooking, Additional updates include NEW plumbing, a NEW mini-split system providing efficient cooling, and fresh paint throughout. Roof and Heating/hot water are relatively new also.The primary bedroom includes a closet and ceiling fan, and both bedrooms are conveniently located on the main living level. Additional features include an enclosed porch, extra basement storage and TWO off-street parking spaces—a great bonus this close to Boston! The association consists of just 7 units, offering the feel of a smaller condo community along with a low condo fee. Location is another standout feature! Situated directly along an MBTA bus route with service toward Wonderland Station, this home provides convenient access to public transportation and commuting options into Boston. Shopping, restaurants, medical facilities and everyday conveniences are nearby, along with easy access to Routes 1, 1A and other major roadways. Less than 3 miles from Revere Beach, enjoy easy access to the waterfront, restaurants and recreation. Whether you're looking for your first home, downsizing, or searching for an investment property, this condo offers a fantastic opportunity. Its convenient location, two parking spaces, low condo fee and move-in-ready condition make it an appealing option for both owner-occupants and investors seeking strong rental potential. Beautifully maintained, thoughtfully updated and conveniently located just minutes from Boston and Revere Beach—this is one you'll want to see! Visit any of the 3 open houses. Saturday 10/3 12-2PM Sunday 10/4 1-3Pm and Monday evening 10/5 5-7PM

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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$359,900
Annual Taxes$3,225
HOA Fee$246

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Carpet
BasementY

Climate & Utilities

HeatingNatural Gas
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningRC2

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First

12 x 12

Flooring - Wall to Wall Carpet, Lighting - Overhead

Kitchen
Lvl First

12 x 10

Ceiling Fan(s), Flooring - Vinyl, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, Remodeled, Stainless Steel Appliances

Primary Bedroom
Lvl First

12 x 12

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First

12 x 10

Bathroom 1
Lvl First
Listing Provided By

Listing Agent: Sarah Dutra

Listing Office: LAER Realty Partners

MLS® Number: 73584171