Spacious Two-Family Near
For Sale
$699,900
Pending
71 Ambrose St, Revere, MA 02151
Traditional two-family property near Broadway and Wonderland T Station.
Property Size1,932 SF
Lot Size0.09 Acres
Days on Market312
Property Features for 71 Ambrose St
General Information
Standard status
Pending
Size
1,932 SF
Lot size
0.09 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$6,055
Building Details
Building Size
1,932 SF
Year Built
1900
Stories
3
Units
2
Listing Agency:
Broad Sound Real Estate, LLC
Listed By:
Nicholas Daher
(978) 423-7782
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 2
Last Checked: Oct 5 at 6:06PM
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 Broad Sound Real Estate, LLC
Investment Insights
Based on property information with market context.
This traditional, spacious two-family property is located near Broadway and 1.1 miles from Wonderland T Station. It features separate heating, hot water, and electrical systems for each unit. The first-floor unit includes one bedroom, a living room, a formal dining room, and a 14x6 sunroom. The upstairs unit spans two levels and comprises seven rooms. Note that the listed square footage excludes the sunroom. Both units will be delivered vacant.
Key Highlights
- Two‑family property, ideal for owner‑occupancy or investment.
- Convenient location: close to Broadway and 1.1 miles from Wonderland T Station.
- Separate utilities: heat, hot water, and electrical for each unit.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,807
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,140
$736.1K
Cap Rate 7%
$525,814
$525.8K
Cap Rate 9%
$408,967
$409.0K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$55.6K $28.80/SF
− Vacancy
−$3.1K −$1.58/SF
EGI
$52.6K $27.22/SF
− OpEx
−$15.8K −$8.16/SF
NOI
$36.8K $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%
$736,140
Cap Rate 7%
$525,814
Cap Rate 9%
$408,967
Alternative Uses
Best Use
Multifamily LT 5
$525.8K
$460.1K – $613.5K
NOI $36,807 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$479.4K
$419.5K – $559.4K
NOI $33,561 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M
NOI $80,062 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,421
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Traditional two-family property near Broadway and Wonderland T Station.
Where is this duplex located?
The property is located at 71 Ambrose St Revere, MA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two‑family property, ideal for owner‑occupancy or investment.; Convenient location: close to Broadway and 1.1 miles from Wonderland T Station.; Separate utilities: heat, hot water, and electrical for each unit.
