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.
- Sewer:
- At Street, Public Sewer
- Water:
- Public, At Street
- Disclosure:
- Photos are virtually staged., Buyer is responsible for zoning and adaptive re-use to single family use with the Town of Reading.
- Electric Feature:
- At Street
- Road Type:
- Paved
- Gas:
- At Street
- High School:
- Revere High School
- Market Time:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- GB
- Orig Price:
- $1,595,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Revere
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02151
- Longitude:
- W72° 59' 53.1''
- Latitude:
- N42° 24' 20''
Land
419 Lee Burbank Hwy, Revere, Massachusetts
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $1,595,000
- Square Footage :
- 11,456 Sqft
- Lot Area :
- 0.26 Acre
- Listing ID :
- 73449829
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
