Listing Tools

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.

More Info

Basic Information

  • Gross Income $63,600
  • Mls StatusNew
  • Parcel Number M:28 B:438K L:23,1379146
  • Rent Includes Unit 1(Heat, Gas, Water), Unit 2(Heat, Gas, Water)

Location

  • Address116 Derby Road
  • Building Number116
  • CountySuffolk
  • StateMA
  • StreetDerby Road
  • TownRevere
  • Zip02151

Exterior

  • Exterior Features Rain Gutters, Garden
  • Fencing Fenced
  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 1,878
  • Lot Size Square Feet 6,560
  • Lot Size Units Acres
  • Square Feet1,878

Other

  • Date Listed06/25/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $660,100
  • Tax Year 2025
  • Taxes$5,987

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms3
  • Full Bath2

Building

  • BasementWalk-Out Access, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Conventional (2x4-2x6)
  • FoundationBlock
  • Levels 2
  • Patio And Porch Features Deck
  • Rooms9
  • Stories2
  • Units2
  • Utilities For Gas Range, For Gas Oven
  • Year Built1929
  • Year Built Details Actual
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces3

Basic Information

  • List Price$799,000
  • MLS Number73541931
  • Modification Date06/26/2026
  • Property SubType2 Family - 2 Units Up/Down

Property

  • Acreage0.15

Interior

  • Flooring Tile, Hardwood

Utilities

  • Electric 200+ Amp Service
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Park
    • Public School
    • Public Transportation
    • T-Station
  • Other AmenitiesBasement, Garden

Water Body

  • Miles to Beach0.1
  • Waterfront Features 0 to 1/10 Mile To Beach, Beach Ownership(Public)

Map Location

Listed by 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. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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 or leasing 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 or leasing. MLSPIN 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.

I agree to receive marketing and customer service calls and text messages from In Realty Inc. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.