Updated Two-Family with Third
46 Revere St. Everett, MA 02149
New
For Sale
$999,000
MULTI_FAMILY - Everett, MA
Property Size2,800 SF
Lot Size0.09 Acres
Price / SF$356.79
Days on Market2
Property Features for 46 Revere St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- AD
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 3
- Parking
- 7
- Standard status
- Active
- APN
- 482073
- Size
- 2,800 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8548
Building Details
- Year built
- 1925
- Floors in Building
- 3
- Number of units
- 2
Listing Agency:
Keller Williams Realty Signature Properties
(781) 924-5766
Listed By:
Al Styles
(781) 924-5766
Added: Jul 23
Last Checked: Jul 24 at 12:06AM
MLS# 73554465
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
46 Revere St. in Everett presents a freshly updated two-family designed for straightforward occupancy. Both units will be delivered vacant, giving the flexibility to set new terms or move in immediately. Recent improvements include brand-new kitchens with appliances, new flooring, updated bathrooms, recessed lighting, and fresh interior paint throughout.
Additional building updates include a newer roof from 2020 and new boilers and water heaters from 2022. The property also includes an expansive third floor with a spacious bedroom and a full bath, adding extra living space and versatility.
Outside, there is a detached garage, off-street parking, and a fenced backyard. The home is described as conveniently located near shopping, schools, restaurants, public transportation, and major highways, with Boston access just minutes away.
Additional building updates include a newer roof from 2020 and new boilers and water heaters from 2022. The property also includes an expansive third floor with a spacious bedroom and a full bath, adding extra living space and versatility.
Outside, there is a detached garage, off-street parking, and a fenced backyard. The home is described as conveniently located near shopping, schools, restaurants, public transportation, and major highways, with Boston access just minutes away.
Key Highlights
- Freshly updated two‑family with both units delivered vacant for immediate occupancy or setting market rents
- Year built 1925; recent updates include brand‑new kitchens with appliances, updated baths, new flooring, recessed lighting, and fresh paint
- Third floor offers an expansive bedroom with a full bath for added living space and flexibility
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.0k | $31.80 |
| − Vacancy | −$4.4k | −$1.57 |
| EGI | $84.6k | $30.23 |
| − OpEx | −$25.4k | −$9.07 |
| NOI | $59.2k | $21.16 |
2,800 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$846.4K
$740.6K – $987.5K
NOI $59,249 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$795.9K
$696.4K – $928.5K
NOI $55,711 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $116,031 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Freshly updated two-family with brand-new kitchens, updated baths, and vacant units, plus a detached garage and fenced yard.
Where is this duplex located?
The property is located at 46 Revere St. Everett, MA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Freshly updated two‑family with both units delivered vacant for immediate occupancy or setting market rents; Year built 1925; recent updates include brand‑new kitchens with appliances, updated baths, new flooring, recessed lighting, and fresh paint; Third floor offers an expansive bedroom with a full bath for added living space and flexibility
