116 Derby Rd 02151, Revere
$799,000
1878 SqFt
Size
3
Bedrooms
2
Bathrooms
73541931
Property Id
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.
Address
Residential Income
ResidentialProperty
2 Family - 2 Units Up/Down
Sale
1929
9
3
2
1,878 sqft
6,560 sqft
Oil, Natural Gas
Tile, Hardwood
3
9
3
2
Tile, Hardwood
Oil, Natural Gas
Walk-Out Access, Unfinished
$799,000
$799,000
$425
$5,987
2025
$499
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