Two-Family Residence with
50 Marshall Street Revere, MA 02151
50 Marshall Street, Revere, MA, 02151
$1,279,000
For Sale
$1,279,000
Two-unit residential income property with three levels, multiple bonus rooms, off-street parking, and an in-ground pool.
Property Size3,606 SF
Price / SF$354.69
Days on Market94
Property Features for 50 Marshall Street
General Information
- Standard status
- Active
- Size
- 3,606 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1956
Listing agency
United Brokers
(617) 838-2650
Listed by
Rogelio Zuniga
Source
Rosenrealty
Added: Apr 19 Updated: Jul 21 at 6:38AM Checked: Jul 21 at 6:38AM
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.
This two-family residence offers a versatile layout across three levels and includes 2 units with 10 total rooms. The property features a spacious backyard with an in-ground pool. Recent improvements include a renovated kitchen with white quartz countertops, along with a pool upgrade that includes a new liner, pump, and filter.
Off-street parking is available for up to 8 vehicles. The home also includes three bonus rooms that can support additional flexible interior use. Public remarks indicate convenient access to major routes, shopping, and public transportation.
With its two-unit configuration, updated kitchen, and outdoor amenities, the property is suited for buyers looking for a flexible residential income setup.
Off-street parking is available for up to 8 vehicles. The home also includes three bonus rooms that can support additional flexible interior use. Public remarks indicate convenient access to major routes, shopping, and public transportation.
With its two-unit configuration, updated kitchen, and outdoor amenities, the property is suited for buyers looking for a flexible residential income setup.
Key Highlights
- Two‑family home built in 1956 with 3,606 sq ft of living space across three levels
- Income‑focused layout with 2 units and 10 total rooms
- In‑ground pool with recent upgrades: new liner, pump, and filter
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 | $103.9k | $28.80 |
| − Vacancy | −$5.7k | −$1.58 |
| EGI | $98.1k | $27.22 |
| − OpEx | −$29.4k | −$8.16 |
| NOI | $68.7k | $19.05 |
3,606 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$981.4K
$858.7K – $1.14M
NOI $68,699 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$894.9K
$783.0K – $1.04M
NOI $62,641 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$2.13M
$1.87M – $2.49M
NOI $149,432 @ 7.0% cap · market cap 11.68%
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 - Two-unit residential income property with three levels, multiple bonus rooms, off-street parking, and an in-ground pool.
Where is this duplex located?
The property is located at 50 Marshall Street Revere, MA.
What is the asking price?
The asking price for this property is $1,279,000.
What are key features of this property?
This property features: Two‑family home built in 1956 with 3,606 sq ft of living space across three levels; Income‑focused layout with 2 units and 10 total rooms; In‑ground pool with recent upgrades: new liner, pump, and filter