Custom Two-Family
139 Suffolk Avenue Revere, MA 02151
139 Suffolk Avenue, Revere, MA, 02151
$1,199,000
For Sale
$1,199,000
Custom built two-family home with separate utilities, in-unit laundry, and parking for two cars.
Property Size2,768 SF
Lot Size0.13 Acres
Price / SF$433.16
Days on Market47
Property Features for 139 Suffolk Avenue
General Information
- Standard status
- Active
- Size
- 2,768 SF
- Lot size
- 0.13 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 2013
Listing agency
Atlantic Realty Services
Listed by
Maria DiPierro
(617) 420-9033
Source
Sredboston
Added: Jun 5 Updated: Jul 20 at 9:19PM Checked: Jul 21 at 8:13AM
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 Atlantic Realty Services
Investment Insights
Based on property information with market context.
Custom built two-family residence in West Revere featuring skyline views of Boston. The home is about 12 years old and includes a spacious kitchen/dining area with granite countertops, stainless steel appliances, and custom cabinetry. A gas-operated, stone fireplace anchors the living room, and a sliding door opens to a front outdoor balcony. The main level also offers a half bath and office space.
Upstairs, the primary suite includes a walk-in closet and an en-suite bath with marble countertops and a tiled shower. Two additional bedrooms, a full bath with marble countertops, laundry, and a walk-up to the attic complete the second floor, which could be finished for additional living space. Outside, there is an oversized deck, shed, and garage.
The second unit is a one-bedroom, one-bath layout with in-unit laundry and parking for two cars. Utilities are separate, and water is included.
Upstairs, the primary suite includes a walk-in closet and an en-suite bath with marble countertops and a tiled shower. Two additional bedrooms, a full bath with marble countertops, laundry, and a walk-up to the attic complete the second floor, which could be finished for additional living space. Outside, there is an oversized deck, shed, and garage.
The second unit is a one-bedroom, one-bath layout with in-unit laundry and parking for two cars. Utilities are separate, and water is included.
Key Highlights
- Custom built 2‑family home (built 2013) with skyline views of Boston
- Oversized 5,500 SF lot with an outdoor balcony, oversized deck, shed, and garage
- Main level includes a spacious kitchen/dining area with granite countertops, stainless steel appliances, and custom cabinets
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.7k | $28.80 |
| − Vacancy | −$4.4k | −$1.58 |
| EGI | $75.3k | $27.22 |
| − OpEx | −$22.6k | −$8.16 |
| NOI | $52.7k | $19.05 |
2,768 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$753.3K
$659.2K – $878.9K
NOI $52,734 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$686.9K
$601.0K – $801.4K
NOI $48,083 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,705 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Custom built two-family home with separate utilities, in-unit laundry, and parking for two cars.
Where is this duplex located?
The property is located at 139 Suffolk Avenue Revere, MA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Custom built 2‑family home (built 2013) with skyline views of Boston; Oversized 5,500 SF lot with an outdoor balcony, oversized deck, shed, and garage; Main level includes a spacious kitchen/dining area with granite countertops, stainless steel appliances, and custom cabinets
