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$799,000
12 Days On Site

116 Derby Rd
Revere, MA 02151

For Sale|Duplex|Active
3
Beds
2
Total Baths
2
Full Baths
1,878
SqFt
$425
/SqFt
1929
Built
County:
Suffolk

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116 Derby Rd116 Derby Rd116 Derby Rd116 Derby Rd
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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.

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Listing Snapshot
Price 
$799,000
Days On Site 
12 Days
Bedrooms 
3
Inside Area (SqFt) 
1,878 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1929
MLS® Number 
73541931
Status 
Active
Property Tax 
$5,987
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.15
Disclosures 
Some photos may be virtually enhanced. Sellers agent is also the owner.
Foundation 
Block
Number Of Stories 
2
Parking 
PavedOff Street
Parking Spaces 
3
Property Sub Type 
Duplex
Sewer 
Public Sewer
SqFt Above 
1878
SqFt Total 
1878
Water Source 
Public
Zoning 
RB
Interior Features
Appliances 
Gas Water Heater
Basement 
Walk-Out AccessUnfinished
Electric 
200+ Amp Service
Flooring 
TileHardwood
Heating 
Natural GasOil
Interior 
Storage
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Exterior Features
Exterior 
Rain GuttersGarden
Fencing 
Fenced
Patio And Porch 
Deck
Roof 
Shingle
Community Features
Community Features 
Park
Listing courtesy of Chelsey Gallo of Lamacchia Realty, Inc.



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.

Last checked 2026-07-07 09:03 PM UTC

Neighborhood & Commute
Source: Walkscore
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