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233 Washington AveRevere, MA 02151

For Sale

$1,415,000

Smart Buyer Rebate $7,075

Solid brick 4-unit mixed-use investment at 233 Washington St w/ 3 residential units on 581 Proctor Ave. At 233 Washington Ave is a 2000+ sq ft commercial dance studio with long-term tenant of 39 years. Residential units at 581 Proctor Ave include two 4-room/2-bedroom/1-bath apartments and one 6-room/3-bedroom unit with office or den. Common laundry room. Property currently operating at a strong 8% cap rate. All tenants are Section 8 with reliable income stream. All Delead Certificates in hand. Excellent cash flow, durable construction, and exceptional tenant stability make this a true investor opportunity. Dance studio leased till 2029. Public records has it listed as 581 Proctor but Google as 233 Washington Ave

Listed by Annemarie Torcivia

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Trinity Real Estate

·

781-983-5266

Last updated May 16, 2026

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Source: MLSPin #73481847

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Revere
  • Bedrooms7
  • Bathrooms6
  • Days on Prevu104
  • Taxes$14,000/year
  • Size6,457 sqft
  • Price per sqft$219

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

05/12/2026
Status changed to Active
$1,415,000
05/12/2026
Price Decreased
$1,415,000
04/27/2026
Status changed to Withdrawn
$1,489,000
03/13/2026
Status changed to Pending
$1,489,000
03/03/2026
Listed by Trinity Real Estate
$1,489,000

Property Details for 233 Washington Ave

Association

Amenities

  • Community Features: Public Transportation, Shopping

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle
  • Stories: 4
  • Stories Total: 4
  • Window Features: Picture Window
  • Year Built: 1960
  • Year Built Details: Actual
  • Construction Materials: Brick

Measurements

  • Building Area Total: 6,457
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Area: 0
  • Lot Size Square Feet: 3,615
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $144,000.00
  • Operating Expense: $26,000.00

Taxes

  • Tax Annual Amount: $14,000.00
  • Tax Assessed Value: $1,126,500.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Microwave, Refrigerator, Dishwasher, Other
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Wood, Tile
  • Interior Features: Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Ceiling Fan(s), Studio, Living Room, Kitchen, Living RM/Dining RM Combo, Office/Den

Measurements

  • Living Area: 6,457
  • Living Area Source: Owner

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 7
  • Rooms Total: 16

Utilities

Equipment

  • Cooling: None, Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 6 bathrooms in this multi-family home at 233 Washington Ave.

What are the annual taxes for 233 Washington Ave?

Annual taxes for this multi-family home are estimated at $14,000.

How does 233 Washington Ave compare to other multi-family homes in West Revere?

This multi-family home is listed 44% above the average price for multi-family homes in West Revere and has been on the market for 68 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 6,457 sqft.

233 Washington Ave is a 7-bedroom, 6-bath multi-family home for sale in Revere MA 02151. On Prevu for 104 days at $1,415,000. This includes a recent price decrease of $74,000. This residence features 6,457 square feet of living space, located in West Revere. The median listing price for multi-family homes in this area is $712,450. Additional amenities include dishwasher and parking. Explore more multi-family home listings in Revere.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.