Duplex With Yard-Accessible
817 Broadway Revere, MA 02151
817 Broadway, Revere, MA, 02151
$960,000
For Sale
$960,000
Two-family property featuring a full basement with yard access and three tandem parking spaces, offered for sale as-is.
Property Size2,592 SF
Price / SF$370.37
Days on Market47
Property Features for 817 Broadway
General Information
- Standard status
- Active
- Size
- 2,592 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1898
Listing agency
Coldwell Banker Realty - Marblehead
Listed by
Victoria Guerra
(617) 262-6200
Source
Cabotandcompany
Added: Jun 6 Updated: Jul 21 at 2:00PM Checked: Jul 21 at 2:00PM
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 Coldwell Banker Realty - Marblehead
Investment Insights
Based on property information with market context.
This two-family duplex includes a full basement with yard access and offers three tandem parking spaces. The property is being sold as-is and where-is.
The location provides convenient access to the Blue Line, bus service, major highways, and Logan Airport, with nearby restaurants and proximity to Revere Beach.
Suitable for investors, contractors, or an owner-occupant, this is a larger duplex that presents an opportunity for buyers looking to value it through renovation and management of the existing layout.
The location provides convenient access to the Blue Line, bus service, major highways, and Logan Airport, with nearby restaurants and proximity to Revere Beach.
Suitable for investors, contractors, or an owner-occupant, this is a larger duplex that presents an opportunity for buyers looking to value it through renovation and management of the existing layout.
Key Highlights
- Two‑family property built in 1898
- Full basement with yard access
- Includes three tandem parking spaces
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 | $74.6k | $28.80 |
| − Vacancy | −$4.1k | −$1.58 |
| EGI | $70.5k | $27.22 |
| − OpEx | −$21.2k | −$8.16 |
| NOI | $49.4k | $19.05 |
2,592 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$705.4K
$617.3K – $823.0K
NOI $49,381 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$643.2K
$562.8K – $750.4K
NOI $45,026 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,412 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-family property featuring a full basement with yard access and three tandem parking spaces, offered for sale as-is.
Where is this duplex located?
The property is located at 817 Broadway Revere, MA.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Two‑family property built in 1898; Full basement with yard access; Includes three tandem parking spaces
