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Redefining Boston Real Estate

116 Derby Rd, Revere, MA

Revere Multi-Family Get directions

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Unit Information

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.

Additional Details
Status: NEW
Type: Multi-Family, Duplex
Zip Code: 02151
Levels: 2
Parking
Garage Capacity: 3
Parking: Paved,Off Street
Parking Spaces: 3
Rooms and Dimensions
Total Units: 2
Total Floors: 2
Total Rooms: 9
Has Basement: Yes
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$799,000

  • Status: New
  • Listing ID: 73541931
  • Bedrooms: 3
  • Full Baths: 2
  • Living Area: 1,878 sqft Convert
  • Lot Size: 6,560 sqft Convert
  • Acres: 0.15

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Luxury Residential Group

Luxury Residential Group

(617) 233-5800

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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 Chelsey Gallo of Lamacchia Realty, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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