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
| Units | 2 |
| Living area | 1,756 sqft |
| Lot size | 2,801 sqft |
| Year built | 1940 |
| Price / sqft | $342 |
| County | Suffolk |
| MLS # | 73534948 |
| Days on market | 30 days |
| Listed on | June 11, 2026 |
| Annual property tax | $5,346 |
| Tax year | 2025 |
| Assessed value | $589,400 |
| Zoning | NB |
| Gross income (actual) | $25,800/yr |
| Net operating income (actual) | $25,800/yr |
| Total actual rent | $2,150/mo |
| Stories | 2 |
| Total rooms | 8 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive |
| Foundation | Block |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 1,756 sqft of living area, built in 1940.
101 Oak Island St, Revere MA 02151 has been listed for 30 days (since June 11, 2026).
At a list price of $599,900 across 2 units, that works out to roughly $299,950 per unit.
Annual property taxes are $5,346 (2025), on an assessed value of $589,400.
At $599,900 for 1,756 sqft, that's about $342 per square foot.
2 total parking spaces (paved drive).
101 Oak Island St, Revere MA 02151 is in Revere, Suffolk County, MA 02151.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.