Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

116 Derby Rd

Revere, MA ID #73541931

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116 Derby Rd

- Revere, MA ID #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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Duplex
  • Zip Code: 02151
  • Taxes: 5,987
  • Levels: 2
  • Acres: 0.15

Parking

  • Garage Capacity: 3
  • Parking: Paved, Off Street
  • Parking Spaces: 3

Rooms/Dimensions

  • Total Units: 2
  • Total Floors: 2
  • Total Rooms: 9
  • Has Basement: Yes

Location

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116 Derby Rd, Revere, MA

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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.