Two-Unit Townhouse-Style
130 Washburn Ave, Revere, MA 02151
For Sale
$894,900
A three-bedroom main residence and separate one-bedroom rear unit offer distinct living areas near public transportation.
Property Size2,614 SF
Price / SF$342.35
Days on Market13
Property Features for 130 Washburn Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Net Operating Income
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Construction
Listing Agency:
Century 21 North East
(781) 286-8900
Listed By:
Deborah Colleran
(781) 254-0001
Source:
Churchillprop
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 10 at 6:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 North East
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Investment Insights
Based on property information with market context.
Built in 2002, this duplex has two townhouse-style units. The larger residence places its kitchen, dining room, living room, den, laundry, and a full bathroom on the first floor, with three bedrooms and another full bathroom upstairs. The rear unit has a kitchen and living room on its first floor, plus one bedroom and a full bathroom above. The property is zoned RS.
Beachmont Blue Line Station, Revere Beach, shopping, restaurants, and Suffolk Downs are nearby. The location also provides access to Boston and surrounding communities.
Beachmont Blue Line Station, Revere Beach, shopping, restaurants, and Suffolk Downs are nearby. The location also provides access to Boston and surrounding communities.
Key Highlights
- Two separate townhouse‑style residences
- Main unit has three bedrooms, two full bathrooms, a den, and laundry
- Rear unit includes one bedroom, a full bathroom, kitchen, and living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,800
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$996,000
$996.0K
Cap Rate 7%
$711,429
$711.4K
Cap Rate 9%
$553,333
$553.3K
Market Conditions
NOI Build-Up for 2,614 SF
Gross rent
$75.3K $28.80/SF
− Vacancy
−$4.1K −$1.58/SF
EGI
$71.1K $27.22/SF
− OpEx
−$21.3K −$8.16/SF
NOI
$49.8K $19.05/SF
Area
Suffolk County, MA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$996,000
Cap Rate 7%
$711,429
Cap Rate 9%
$553,333
Alternative Uses
Best Use
Multifamily LT 5
$711.4K
$622.5K – $830.0K
NOI $49,800 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$648.7K
$567.6K – $756.8K
NOI $45,408 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$1.55M
$1.35M – $1.81M
NOI $108,323 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
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Business Placement
Demographics for 02151, MA
62,252
Population
23,461
Households
2.7
Avg Household Size
38
Median Age
25%
College-Educated
83%
High-School Grad
5.7 sq mi
ZIP Area
10,921
Density / Sq Mi
$80,948
Median Household Income
$43,374
Median Earnings
$1,964
Median Rent
$566,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Suffolk County, MA
Properties on Market for Duplexes in Suffolk County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A three-bedroom main residence and separate one-bedroom rear unit offer distinct living areas near public transportation.
Where is this duplex located?
The property is located at 130 Washburn Ave Revere, MA.
What is the asking price?
The asking price for this property is $894,900.
What are key features of this property?
This property features: Two separate townhouse‑style residences; Main unit has three bedrooms, two full bathrooms, a den, and laundry; Rear unit includes one bedroom, a full bathroom, kitchen, and living room
