Duplex with Large Front
415 - 417 Mountain Avenue Revere, MA 02151
For Sale
$843,790
Well-maintained duplex features hardwood flooring beneath current surfaces, a large front yard, and a sizable deck.
Property Size2,402 SF
Price / SF$351.29
Days on Market34
Property Features for 415 - 417 Mountain Avenue
General Information
Standard status
Active
Size
2,402 SF
Property subtype
Multi-family
Building Details
Year Built
1900
Listing Agency:
United Brokers
Listed By:
Jurgen Lame
(508) 823-9400
Source:
Ballowhutchinsonrealestate
Added: Jun 26
Changed: Jul 27
Last Checked: Jul 28 at 10:46PM
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 United Brokers
Investment Insights
Based on property information with market context.
415–417 Mountain Avenue is a well-maintained duplex in which the interior appears cared for over long-term ownership. The home includes hardwood flooring located beneath the current surfaces, and offers outdoor living space with a large front yard and a deck that expands the usable area for everyday enjoyment and gatherings.
The property is also equipped with solar panels. Conveniently positioned near shopping, dining, and transportation, it provides a practical residential income option with an emphasis on comfortable indoor living and substantial outdoor space.
The property is also equipped with solar panels. Conveniently positioned near shopping, dining, and transportation, it provides a practical residential income option with an emphasis on comfortable indoor living and substantial outdoor space.
Key Highlights
- Duplex at 415–417 Mountain Ave, Revere, built in 1900
- Well‑maintained interior with hardwood flooring located beneath current surfaces
- Large front yard with outdoor space for entertaining, gardening, or relaxing
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 | $69.2k | $28.80 |
| − Vacancy | −$3.8k | −$1.58 |
| EGI | $65.4k | $27.22 |
| − OpEx | −$19.6k | −$8.16 |
| NOI | $45.8k | $19.05 |
2,402 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$653.7K
$572.0K – $762.7K
NOI $45,761 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$596.1K
$521.6K – $695.4K
NOI $41,726 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$1.42M
$1.24M – $1.66M
NOI $99,538 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex features hardwood flooring beneath current surfaces, a large front yard, and a sizable deck.
Where is this duplex located?
The property is located at 415 - 417 Mountain Avenue Revere, MA.
What is the asking price?
The asking price for this property is $843,790.
What are key features of this property?
This property features: Duplex at 415–417 Mountain Ave, Revere, built in 1900; Well‑maintained interior with hardwood flooring located beneath current surfaces; Large front yard with outdoor space for entertaining, gardening, or relaxing
