Location, Location, Location! Don't miss this charming two-family home ideally situated within walking distance of Revere Beach and conveniently located near MBTA bus transportation. Whether you're a first-time homebuyer seeking rental income or an investor looking for a long-term hold, this property offers exceptional potential. The first-floor unit is vacant and move-in ready, featuring 2 bedrooms, 1 bathroom, and a functional kitchen. The second-floor unit is occupied by a tenant-at-will currently paying $2,150 per month and includes 2 bedrooms and 1 bathroom. Additional highlights include off-street parking for two vehicles, a private driveway, and a generously sized backyard—perfect for summer barbecues and outdoor entertaining. With Revere real estate continuing to appreciate thanks to its prime location and ongoing development, this is an excellent opportunity to own an income-producing property in a highly desirable area. Schedule your showing today and make this property yours
For sale
Price cut: $30K (7/7)
$599,900
101 Oak Island St, Revere, MA 02151
4beds
1,756sqft
Multi Family
Built in 1940
-- sqft lot
$595,500 Zestimate®
$342/sqft
$-- HOA
What's special
Generously sized backyardPrivate drivewayFunctional kitchen
- 80 days
- 1,471
- 48
Zillow last checked:
Listing updated:
Listed by:
Felix Gutierrez 857-205-2729,
Rey Realty Group 781-629-2449
Source: MLS PIN,MLS#: 73534948
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,756
- Total interior livable area: 1,756 sqft
- Finished area above ground: 1,756
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive
- Uncovered spaces: 2
Features
- Waterfront features: Ocean, Beach Ownership(Public)
Lot
- Size: 2,801 Square Feet
Details
- Parcel number: M:11 B:190F L:5,1370455
- Zoning: NB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Block
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Revere
Financial & listing details
- Price per square foot: $342/sqft
- Tax assessed value: $589,400
- Annual tax amount: $5,346
- Date on market: 6/11/2026
- Total actual rent: 2150
Estimated market value
$595,500
$566,000 - $625,000
$2,966/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Price change | $599,900-4.8%$342/sqft |
Source: MLS PIN #73534948 Report a problem | ||
| 6/12/2026 | Listed for sale | $629,900+270.5%$359/sqft |
Source: MLS PIN #73534948 Report a problem | ||
| 4/6/2007 | Sold | $170,000-23.3%$97/sqft |
Source: Public Record Report a problem | ||
| 7/18/2006 | Sold | $221,592+218.8%$126/sqft |
Source: Public Record Report a problem | ||
| 10/29/1999 | Sold | $69,500$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,346 +3.4% | $589,400 +3.9% |
| 2024 | $5,168 +3.7% | $567,300 +8.3% |
| 2023 | $4,982 -0.4% | $523,900 +8.9% |
| 2022 | $5,003 +2.2% | $481,100 +8.7% |
| 2021 | $4,894 0% | $442,500 +4.4% |
| 2020 | $4,894 +7.2% | $423,800 +12.4% |
| 2019 | $4,564 +8.3% | $376,900 +15.9% |
| 2018 | $4,215 +9.3% | $325,200 +18% |
| 2017 | $3,856 +11.4% | $275,600 +15% |
| 2016 | $3,462 -2.4% | $239,600 |
| 2015 | $3,546 +4.9% | $239,600 +10.2% |
| 2014 | $3,381 +8% | $217,400 +8.1% |
| 2013 | $3,131 -2.8% | $201,200 -5.8% |
| 2012 | $3,220 +2.4% | $213,700 -1.8% |
| 2011 | $3,144 +0.2% | $217,700 -7.2% |
| 2010 | $3,137 -8.3% | $234,600 -23% |
| 2009 | $3,421 -0.2% | $304,600 -10% |
| 2008 | $3,428 | $338,400 |
| 2007 | $3,428 +3.7% | $338,400 +3.7% |
| 2006 | $3,305 +5.9% | $326,300 +5.9% |
| 2005 | $3,121 +35.4% | $308,100 +89.1% |
| 2004 | $2,305 +4.2% | $162,900 |
| 2003 | $2,212 | $162,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02151
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