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35 Cheever St. Revere — Photo 1 of 28

35 Cheever St. Revere — Photo 1 of 28

$779,000

Investment Analysis — 35 Cheever St.

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 $5,240/mo in gross rent — about a 5.33% cap rate and $41,535/yr in estimated NOI at the $779,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,610

Style

Multi Family

Built

1930

Excellent opportunity to own a two-family property in centrally located Revere, great for both owner-occupants and investors. The first floor unit features 3 bedrooms, 1 bathroom while the second-floor unit offers a 1 bedroom, 1 bathroom with potential for a second bedroom with no living room. The property has separate electric and gas meters, also separate water heaters for each unit. Lastly this home offers spacious off-street parking along with a two-car garage featuring two separate stalls, providing excellent space for vehicles, storage, hobbies, or additional workspace. The home does require a little bit of updating and repairs, presenting an opportunity for a buyer to make improvements and add value while customizing the property to their preferences. Ideally situated by City Hall, with convenient access to shopping, restaurants, schools, public transportation, major highways, and everyday amenities. The property is also close to Revere Beach and Wonderland, while Boston and surrounding communities are easily accessible for commuters, right off route 16, easy access to I-93 and Route 1. Property can be delivered vacant.

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 MLS and other third-party data may be inaccurate or out of date.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$779,000
Annual Taxes$6,254

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms10
FireplacesNone
FlooringWood, Tile
BasementFull, Concrete, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Stone
RoofShingle, Rubber
FoundationStone
ZoningRB

Property & Lot

Acres0.11
SqFt Lot4,983
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access

Geography

Property History

Listed
$779,000

Sep 16, 2026

MLS® 73577815

Sold
$235,000

Jul 20, 2010

MLS® 71034556

Listed
$235,000

Feb 17, 2010

MLS® 71034556

Listing Provided By

Listing Agent: Atlantic Crossings Group

Listing Office: Carlton's Wharf & Co.

MLS® Number: 73577815