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:
- Public record reflects 6 bedrooms; property offers an additional room currently used as a bedroom. Buyer and buyer’s agent to perform their own due diligence. All measurements are approximate and for marketing purposes only. Information deemed reliable but not guaranteed., Subject to suitable housing. Property identified with accepted offer. Seepage during very heavy rain from bulkhead.
- Electric Feature:
- At Street
- Road Type:
- Paved
- Gas:
- At Street
- High School:
- Revere High School
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- GB
- Orig Price:
- $1,400,000
- Waterfront:
- No
- MlsStatus:
- New
- 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 :
- $1,400,000
- Lot Area :
- 0.26 Acre
- Listing ID :
- 73486315
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
