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

Annual Tax Amount $11,309

Tax Year 2025

Lot Size 0.260 Acres

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

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

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