Off Market
116 Derby Rd, Revere, MA
Revere · MA 02151
- $799,000
- Price
- 3
- Beds
- 2
- Baths
- 1878
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1929
Units:
2 Units
Lot size:
6,560 Sq.Ft Lot
Price per square foot:
$425 / Sq.Ft
Parking:
3 Off Street Spaces
About this home
Two-Family Investment Opportunity with Double Lot Potential! High-performing asset, perfect for savvy investors looking for immediate cash flow or owner-occupants. This property currently generates a steady $5,400/month, offering turn-key addition to your portfolio. This rare double lot, offers incredible potential for Accessory Dwelling Unit (ADU)—buyers to do due diligence regarding zoning and buildability. Unit 1 (first floor) features a bright, flexible 2 bedroom layout, an updated Kitchen (2019) with granite countertops, convenient in-unit laundry, and direct access to a large, shared back deck and yard. Unit 2 (second floor) features completely renovated Kitchen and Bathroom (2022), 1 Bedroom and 1 Office that has the potential to become a bedroom. Updates: 200 Amp Electric Panel (2023). Massive storage with full-size basement. Remaining 12-month lease in place for Unit 1 (July 2027). Remaining 11-month lease in place for Unit 2 (June 2027). Some photos may be virtually enhanced.
Neighborhood & Transit
116 Derby Rd, Revere · MA 02151
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 132 days
- Listing Price:
- $799,000
- Price per Sq.Ft:
- $425
- Tax Assessment:
- $660,100 in 2025
- Taxes:
- $499 / Monthly
Home Facts
Interior Features
- Bedrooms
- 3
- Full Bathrooms
- 2
- Half Bathrooms
- 0
- Living Area
- 1,878 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 1878
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 200 Amps
Exterior Features
- Lot Size
- 6,560 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 3 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Chelsey Gallo
- Listing office
- Lamacchia Realty, Inc.
- MLS PIN #
- 73541931
- Disclosure
- Some photos may be virtually enhanced. Sellers agent is also the owner.
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