101 Oak Island St, Revere, MA, 02151
About This Home
Location, Location, Location! Don't miss this charming two-family home ideally situated within walking distance of Revere Beach and conveniently located near MBTA bus transportation. Whether you're a first-time homebuyer seeking rental income or an investor looking for a long-term hold, this property offers exceptional potential. The first-floor unit is vacant and move-in ready, featuring 2 bedrooms, 1 bathroom, and a functional kitchen. The second-floor unit is occupied by a tenant-at-will currently paying $2,150 per month and includes 2 bedrooms and 1 bathroom. Additional highlights include off-street parking for two vehicles, a private driveway, and a generously sized backyard—perfect for summer barbecues and outdoor entertaining. With Revere real estate continuing to appreciate thanks to its prime location and ongoing development, this is an excellent opportunity to own an income-producing property in a highly desirable area. Schedule your showing today and make this property yours
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Block
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Finished area above ground: 1,756
Interior Area
- Total structure area: 1,756
- Total interior livable area: 1,756 sqft
Property
Details
- Parcel number: M:11 B:190F L:5,1370455
- Zoning: NB
Features
- Waterfront features: Ocean,Beach Ownership(Public)
Lot
- Lot size: 2,801 sqft
Parking
- Total spaces: 2
- Parking features: Paved Drive
- Has uncovered spaces: Yes
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Cold Wave
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $236 | $2,832 |
| Property Taxes | $445 | $5,340 |
| Electricity | $354 | $4,259 |
| Total | $4,068 | $48,816 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-07 | Price change | $599,900 |
| 2026-06-12 | Listed for sale | $629,900 |
| 2007-04-06 | Sold | $170,000 |
| 2006-07-18 | Sold | $221,592 |
| 1999-10-29 | Sold | $69,500 |
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