Active
39 Days on market
59 Walnut Street Revere — Photo 1 of 40

59 Walnut Street Revere — Photo 1 of 40

Recent Drop: $125,100

$1,025,000
$899,900

$899,900

Investment Analysis — 59 Walnut Street

Revere, MA 02151

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 02151 carries an estimated $5,080/mo in gross rent — about a 4.33% cap rate and $38,928/yr in estimated NOI at the $899,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,728

Style

Multi Family

Built

2000

NEW PRICE & BACK ON THE MARKET! Now offered at $899,900, this rare legal 2-family in coveted West Revere offers approximately 2,700 SF and exceptional flexibility as a 2-family or single-family home. One unit features 3 bedrooms, an updated kitchen, hardwood floors and a large attic for storage or expansion possibilities; the second unit offers 1 bedroom and spacious rooms. Separate utilities, stainless steel appliances in both units, 2 full baths, and parking for 4+ cars. Additional storage on the first floor. Tucked at the end of a quiet dead-end street surrounded by trees and wildlife, with a front porch, back deck, and bus service to Boston at the end of the street. A unique opportunity for space, privacy, rental potential, and convenient access to Boston. Quick closing possible.

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 MLS and other third-party data may be inaccurate or out of date.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

Open Houses

Property Details

Financials

Original Price$1,025,000
Annual Taxes$7,402

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms10
FireplacesNone
FlooringWood, Vinyl, Hardwood
BasementFull, Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRes

Property & Lot

Acres0.22
SqFt Lot9,749
Lot FeaturesWooded, Level

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access

Geography

Property History

Terminated
$899,900

Sep 24, 2026

MLS® 73579595

Price Drop
$899,900

Was $924,900

Sep 23, 2026

MLS® 73565225

Listed
$899,900

Sep 18, 2026

MLS® 73579595

Price Drop
$924,900

Was $949,000

Sep 16, 2026

MLS® 73565225

Price Drop
$949,000

Was $975,000

Sep 10, 2026

MLS® 73565225

Price Drop
$975,000

Was $1,025,000

Aug 30, 2026

MLS® 73565225

Listed
$1,025,000

Aug 18, 2026

MLS® 73565225

Listing Provided By

Listing Agent: Patricia Grant

Listing Office: New England Real Estate Services

MLS® Number: 73565225