MA
Suffolk
Revere
02151
116 Derby Rd
116 Derby Rd, Revere, MA 02151
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Listing Type
Multi Family
Listing Status
Active
32
$799,000

Home Details for 116 Derby Rd

Price
$799,000
Type
Residential Income
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Square feet
1878
Year built
1929
Lot size acres
0.15
County
Suffolk
Total rooms
9
Basement
Walk-Out Access, Unfinished
MLS Listing#
73541931
Property 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.

Property Features
  • Parking
    • Paved
    • Off Street
  • Basement
    • Walk-Out Access
    • Unfinished
  • Water Features
    • Public
Listing Courtesy: Lamacchia Realty, Inc. - 781-917-0491
Presented by: Chelsey Gallo
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.
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EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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