Listed price in listed location currency (USD).
$799,000

323

MLS® 73541931

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1878 sqft
Garage 
Taxes $5,987
Days Active 0
Lot Size 0.15 Acres
Approx. Age 1929
Avg. Price Per Sqft $425
MLS® Number 73541931

Property Address: 116 Derby Rd, Revere, MA, 02151-1804

Average square foot calculated using Size range provided by listing agent.

Description

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, 300/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). Unit 2 lease is month-to-month. Some photos may be virtually enhanced.
MLS® Number73541931
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1929
BasementWalk-Out Access, Unfinished
DrivewayPaved Drive, Off Street, Paved
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 25, 2026List Date
$799,000List Price

Home Appraisal

This property is estimated to sell between: $741,000 and $828,000.
Similar properties in this area sold on average for: $741,000
Expected to sell in 47 days. Similar properties sold in 47 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
116 Derby Rd, Revere, MA

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