419 Lee Burbank Hwy new

Revere,MA 02151

$ 1595000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73449829

HOA Y/N false

Annual Tax Amount $11,309

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Commercial

Property Description

20 Market-Rate Apartments Investment OpportunitySold with all approvals, architectural plans in placeProperty Highlights-Location: 419 Lee Burbank Highway, Revere, MA-Units: All market-rent apartments – No 40B, no affordable restrictions-Transit Access: Minutes to Logan International Airport via MBTA Blue Line-Visibility: Prime location with easy highway access (Route 1A, Route 60, I-90)-Surroundings: Close to Revere Beach, shopping, restaurants, and Boston employment hubsRental Market Overview (Revere / East Boston Corridor)Unit TypeRent Range (Monthly)Studios / 1-Bed Two Thousand Eight Hundred +/- range for Investment Advantages -No affordability restrictions – all units capture full market rents-Commuter convenience – 10 minutes to Logan, 15 minutes to Downtown Boston-Transit-oriented growth – Revere is seeing strong demand as housing near Boston tightens-Upside potential – rents expected to rise 3–5% annually given limited new supply.

Location

State MA

County Suffolk

Zoning GB

Direction Use GPS, Lee Burbank Highway is the road that leads to the airport

Exterior

Community Features Public Transportation,Shopping,Walk/Jog Trails,Medical Facility,Laundromat,Conservation Area,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University

Building

Lot Description Level

Sewer Public Sewer,At Street

Water Public,At Street

Schools

High Schools Revere High School

Others

Senior Community false

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