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462 American Legion Hwy Revere — Photo 1 of 9

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,080,000
Annual Taxes$7,237

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms9
FireplacesNone
Flooring--
BasementFull, Finished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.16
SqFt Lot6,795
Lot FeaturesCorner Lot

Neighborhood

Public Transportation

Geography

Property History

Listed
$1,080,000

Sep 14, 2026

MLS® 73586359

Sold
$945,000

Apr 10, 2026

MLS® 73487963

Listed
$949,999

Mar 17, 2026

MLS® 73487963

Listing Provided By

Listing Agent: Team Bedoya

Listing Office: Century 21 Mario Real Estate

MLS® Number: 73586359