Active
33 Days on market
59 Walnut Street Revere — Photo 1 of 27

59 Walnut Street Revere — Photo 1 of 27

Recent Drop: $100,100

$1,025,000
$924,900

$924,900

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 4.21% cap rate and $38,928/yr in estimated NOI at the $924,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,594

Style

Multi Family

Built

2000

PRICE DROP! MOTIVATED SELLER! PRICED BELOW MARKET! Opportunity knocks in West Revere! This well-maintained two-family home offers privacy, separate utilities, off-street parking, flexible living space, and a peaceful dead-end-street setting—with a quick closing possible! Built in 2000 and surrounded by mature trees, this versatile property is ideal for an owner-occupant, investor, or extended household. The spacious owner’s unit features an open-concept layout connecting the kitchen, dining, and living areas. The updated kitchen includes granite countertops and stainless steel appliances, while the front porch and rear deck provide inviting outdoor spaces overlooking the tranquil surroundings. A bonus room downstairs adds valuable flexibility and can serve as a bedroom, office, or family room. The tenant unit offers comfortable living space, stainless steel appliances, and its own washer and dryer. Separate utilities for each unit provide added convenience and make this property especially attractive for investors or buyers looking to offset their living expenses. The large attic offers potential for future expansion or additional storage, subject to required approvals and permitting. The basement provides even more storage, and an outdoor shed is perfect for tools, gardening equipment, recreational gear, and seasonal items.Off-street parking and convenient access to the express bus to Boston add to the appeal. Set at the end of a quiet dead-end street, this home offers a rare combination of privacy, versatility, and income potential while remaining conveniently located in West Revere. Whether you're looking to house-hack, accommodate extended family, or expand your investment portfolio, this two-family property is worth a look.NEW PRICE. MOTIVATED SELLER. QUICK CLOSING POSSIBLE. Come see the possibilities and bring your offer!

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 • Bike Path • Highway Access

Geography

Property History

Listed
$924,900

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