Two-Family Residence with Fenced
52 Augustus St Revere, MA 02151
52 Augustus St, Revere, MA, 02151
$995,000
For Sale
$995,000
MULTI_FAMILY - Revere, MA
Property Size2,512 SF
Lot Size0.10 Acres
Price / SF$396.10
Days on Market47
Property Features for 52 Augustus St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RB
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
- Parking
- 4
- Fireplace
- 1
- Standard status
- Active
- APN
- M:28 B:438N L:19,1379215
- Size
- 2,512 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7226
Building Details
- Year built
- 1965
- Floors in Building
- 3
- Number of units
- 2
Listing Agency
RE/MAX Partners
(978) 475-2100
44 Park Street, Andover, MA
Listed by
Thomas Carroll
(978) 475-2100
Added: Jun 4 Checked: Jul 20 at 12:06 am
MLS# 73529881
Listing URL
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.
This well-maintained two-family residence offers two separate units with practical layouts. The first unit features three bedrooms, an updated eat-in kitchen with stainless steel appliances, a bright living room with a fireplace, and a newly renovated full bathroom. Additional versatile space in the lower level can support a family room, home office, gym, laundry area, and extra storage.
The second unit provides two bedrooms, an eat-in kitchen, a living room, an updated full bathroom, and a private entrance. It also has its own separate driveway for convenience and added privacy. Outside, the property includes a fenced-in private yard with a patio area and a shed, along with two separate driveways. The home is positioned in West Revere and is described as convenient to beaches, shopping, restaurants, Route 1, Boston, and Logan Airport.
For buyers seeking an owner-occupant setup or an income property, the combination of separate entrances, distinct driveway access, and flexible lower-level space supports a range of living arrangements. The property is fully rented through Dec 31st, which may be helpful for continuity of occupancy under current terms.
The second unit provides two bedrooms, an eat-in kitchen, a living room, an updated full bathroom, and a private entrance. It also has its own separate driveway for convenience and added privacy. Outside, the property includes a fenced-in private yard with a patio area and a shed, along with two separate driveways. The home is positioned in West Revere and is described as convenient to beaches, shopping, restaurants, Route 1, Boston, and Logan Airport.
For buyers seeking an owner-occupant setup or an income property, the combination of separate entrances, distinct driveway access, and flexible lower-level space supports a range of living arrangements. The property is fully rented through Dec 31st, which may be helpful for continuity of occupancy under current terms.
Key Highlights
- Two‑family home built in 1965 in West Revere with two units and flexible living options
- Unit 1 features 3 bedrooms, an updated eat‑in kitchen with stainless steel appliances, a living room fireplace, and a newly renovated full bath
- Unit 1 includes additional finished lower‑level space for a family room, home office, gym, laundry area, and extra storage
Local 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 | $72.3k | $28.80 |
| − Vacancy | −$4.0k | −$1.58 |
| EGI | $68.4k | $27.22 |
| − OpEx | −$20.5k | −$8.16 |
| NOI | $47.9k | $19.05 |
2,512 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$683.7K
$598.2K – $797.6K
NOI $47,857 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$623.4K
$545.5K – $727.3K
NOI $43,636 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,097 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home offers flexible living space, private entrance, and fenced yard with patio for comfortable day-to-day use.
Where is this duplex located?
The property is located at 52 Augustus St Revere, MA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two‑family home built in 1965 in West Revere with two units and flexible living options; Unit 1 features 3 bedrooms, an updated eat‑in kitchen with stainless steel appliances, a living room fireplace, and a newly renovated full bath; Unit 1 includes additional finished lower‑level space for a family room, home office, gym, laundry area, and extra storage