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Home Massachusetts Multi-Family Homes for Sale

48-50 Arcadia St Revere, MA 02151
39
$1,029,999
Total Beds: 5 Total Baths: 3
Total Units: 2 SQFT: 2160
LOT size: 0.15 Acres
48-50 Arcadia St
Revere, MA 02151
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Property Description

Rarely does a property this turnkey hit the market steps from Revere Beach. The perfect trifecta: owner occupant dream, cash flowing investment, or condo conversion candidate. Unit 1 is a vacant, fully renovated 2 bed/2 bath featuring new flooring, fresh paint, stainless appliances, a master suite with private bath and walk-in closet, and a sliding glass door to a private covered patio. Unit 2, directly above, is a sun-drenched 3 bed/1 bath featuring soaring cathedral ceilings, large kitchen island, and a slider to a deck where ocean views await. Currently leased at $3,200/mo through 8/1 with the option to continue on month to month market rent ($3,500+). Each unit features brand new tankless water heaters, heat and AC, in-unit washer/dryer, and separate utilities. Newly landscaped fenced yard with arborvitae trees that divide it into two private retreats. Brand new exterior vinyl siding, new composite deck, cable railings, and 5 off-street parking spaces. Less than a mile from the T!
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Property Details

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Amenities: Conservation Area, Highway Access, Park, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Bathroom With Tub, Bathroom with Shower Stall, Ceiling Fans, Internet Available - Fiber-Optic, Programmable Thermostat, Slider, Storage, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Central Heat, Electric, Extra Flue, Gas, Heat Pump
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 38400
  • Gross Expenses: 3900
  • Water/Sewer: 2000
  • INSC: 1900
  • Net Operating Income: 34500

Utilities

  • Heat Zones: 2
  • Cooling Zones: 2
  • Electric Info: 200 Amps, Individually Metered
  • Energy Features: Insulated Doors, Prog. Thermostat, Storm Doors
  • Utility Connections: Varies per Unit, Washer Hookup, for Electric Dryer
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1987
  • Construction Type: Modular, Steel
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73530597
  • Last Updated: 06/04/26

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Map

Seller's Representative: Joseph Samuelman, Stuart St James, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-06-04 19:11:00

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