48-50 Arcadia St
$1,029,999
5
Beds
3
Baths
2,160
Sqft
- Request Info
- Call
- Save
-
More
- Mortgage Calculator
Property Tools
$1,029,999
5
Beds
3
Baths
2,160
Living Area
-
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!
-
Highlights
- Area: Oak Island
- Has View: Yes
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1987
- Cooling: Central Air
- Heating: Central, Natural Gas
- Parking Spots: 5
- Property Type: Multi Family
- Total Rooms: 9
- Status: Active
-
Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Exclusions: None- Seller's Personal Property Excluded
- Flooring: Wood, Hardwood
- Interior Features: Storage, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom with Shower Stall, Bathroom With Tub, Slider, Ceiling Fan(s), Cathedral/Vaulted Ceilings, Open Floorplan, Internet Available - Fiber-Optic, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo
- Road Frontage Type: Public, Dead End
- SqFt Source: Public Record
- View: Scenic View(s)
- Year Built Source: Public Records
- Construction: Modular
- Exterior Features: Balcony/Deck, Rain Gutters, Professional Landscaping, Sprinkler System
- Foundation: Concrete Perimeter
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Details: Actual
- Zoning: Rb
-
Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, T-Station
- Waterfront Features: Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
- Parking Features: Shared Driveway, Off Street, Stone/Gravel, Unpaved
-
Utilities
- Electric: 200+ Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $740,000
- Tax Year: 2025
- Total Rent: $3,200
- Rental Fee Includes: Unit 2(Water)
- Taxes: $6,712
Similar Listings
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Stuart St James, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.