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INVESTMENT SNAPSHOT
About this property
Rarely does a property this turnkey hit the market steps from Revere Beach. The perfect trifecta: owner occupant dream, cash flowing investment, or condo conversion candidate. Unit 1 is a vacant, fully renovated 2 bed/2 bath featuring new flooring, fresh paint, stainless appliances, a master suite with private bath and walk-in closet, and a sliding glass door to a private covered patio. Unit 2, directly above, is a sun-drenched 3 bed/1 bath featuring soaring cathedral ceilings, large kitchen island, and a slider to a deck where ocean views await. Currently leased at $3,200/mo through 8/1 with the option to continue on month to month market rent ($3,500+). Each unit features brand new tankless water heaters, heat and AC, in-unit washer/dryer, and separate utilities. Newly landscaped fenced yard with arborvitae trees that divide it into two private retreats. Brand new exterior vinyl siding, new composite deck, cable railings, and 5 off-street parking spaces. Less than a mile from the T!
Property details
| Units | 2 |
| Living area | 2,160 sqft |
| Lot size | 6,700 sqft |
| Year built | 1987 |
| Price / sqft | $477 |
| County | Suffolk |
| MLS # | 73530597 |
Listing status
| Days on market | 4 days |
| Listed on | June 4, 2026 |
Taxes & financials
| Annual property tax | $6,712 |
| Tax year | 2025 |
| Assessed value | $740,000 |
| Zoning | RB |
| Gross income (actual) | $38,400/yr |
| Net operating income (actual) | $34,500/yr |
| Total actual rent | $3,200/mo |
| Insurance expense | $1,900/yr |
Building & lot
| Stories | 2 |
| Total rooms | 9 |
| Lot size | 0.15 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Shared Driveway, Off Street, Stone/Gravel, Unpaved |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Modular |
| Flooring | Wood, Hardwood |
Utilities & systems
| Heating | Central, Natural Gas |
| Cooling | Central Air |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Dryer, Washer Hookup, Varies per Unit |
| Appliances | Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer |
Location
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Listing courtesy of Stuart St James, Inc. — Joseph Samuelman. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 48-50 Arcadia St, Revere MA 02151 have?
It is a 2-unit multi-family property with 2,160 sqft of living area, built in 1987.
How long has 48-50 Arcadia St, Revere MA 02151 been on the market?
48-50 Arcadia St, Revere MA 02151 has been listed for 4 days (since June 4, 2026).
What is the price per unit?
At a list price of $1,029,999 across 2 units, that works out to roughly $515,000 per unit.
What are the property taxes on 48-50 Arcadia St, Revere MA 02151?
Annual property taxes are $6,712 (2025), on an assessed value of $740,000.
What is the price per square foot?
At $1,029,999 for 2,160 sqft, that's about $477 per square foot.
Is there parking?
5 total parking spaces (shared driveway, off street, stone/gravel, unpaved).
Where is this property located?
48-50 Arcadia St, Revere MA 02151 is in Revere, Suffolk County, MA 02151.
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