126 Fenley Street Revere — Photo 1 of 30
$545,000
Investment Analysis — 126 Fenley Street
Revere, MA 02151
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02151 carries an estimated $3,080/mo in gross rent — about a 4.20% cap rate and $22,870/yr in estimated NOI at the $545,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,800
Style
Single Family
Built
1955
A great opportunity in desirable WEST REVERE! This well-cared-for ranch offers easy one-level living, hardwood floors, central air and a layout that has clearly worked well for generations. The kitchen and bath are ready for a fresh vision, while the home itself offers a solid foundation and plenty of possibilities. Downstairs, the spacious walk-out lower level is a real bonus, with sliders and a separate exterior door creating exciting potential for additional living, recreation, work-from-home or hobby space. A 21-panel solar system has historically generated enough energy and net-metering credits that the sellers have had no additional electric payment due to National Grid beyond their Sunrun solar agreement—an especially nice benefit with central air. Buyer usage may vary. All solar info is attached. Set in an established neighborhood with convenient access to schools, shopping, public transportation and major routes, this is a home you can settle into now and make your own over time. After nearly 60 years with the same family, it’s ready for its next chapter.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,800 sq ft principal dwelling). Lot size: 4,108 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Oven • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First24 x 12
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Dining Room
Lvl First12 x 9
Flooring - Hardwood
Kitchen
Lvl First12 x 12
Flooring - Vinyl, Stainless Steel Appliances
Office
Lvl Basement12 x 12
Primary Bedroom
Lvl First12 x 11
Closet, Flooring - Hardwood
Bedroom 2
Lvl First11 x 11
Bedroom 3
Lvl First11 x 10
Closet, Flooring - Hardwood
Bathroom 1
Lvl First9 x 7
Bathroom - Full
Listing Agent: The Kim Perrotti Team
Listing Office: Leading Edge Real Estate
MLS® Number: 73582194
