
462 American Legion Hwy Revere — Photo 1 of 9
$1,080,000
Investment Analysis — 462 American Legion Hwy
Revere, MA 02151
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02151 carries an estimated $5,650/mo in gross rent — about a 4.10% cap rate and $44,291/yr in estimated NOI at the $1,080,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
3,050
Style
2 Family - 2 Units Up/Down
Built
1939
462 American Legion Hwy in Revere presents a fantastic opportunity for both investors and owner-occupants alike. Conveniently located near Route 1 and Route 1A and just minutes from Market Basket, BJ’s, banks, restaurants, and a variety of shopping options, this well-maintained multi-family property offers strong income potential. The first unit is a completely renovated 2bedroom, 1-bath currently furnished and operating as an Airbnb. It features modern mini-split systems for efficient heating and cooling, a spacious kitchen with 2 tone cabinets, quartz countertops & peninsula, and large closets. The second unit is a generously sized 2 level, 3 bedroom unit that lives like a single family, offering a living room, dining room, large kitchen, hardwood floors, and oversized bedrooms.
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 MLS and other third-party data may be inaccurate or out of date.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.
No longer available to tour
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation
Geography
Property History
$1,080,000
Sep 14, 2026
MLS® 73586359
$945,000
Apr 10, 2026
MLS® 73487963
$949,999
Mar 17, 2026
MLS® 73487963
Listing Agent: Team Bedoya
Listing Office: Century 21 Mario Real Estate
MLS® Number: 73586359
No longer available to tour








