MA
Suffolk
Revere
02151
419 Lee Burbank Hwy
419 Lee Burbank Hwy, Revere, MA 02151
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Listing Type
Commercial/Industrial
Listing Status
Active
5
$1,595,000

Home Details for 419 Lee Burbank Hwy

Price
$1,595,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.26
County
Suffolk
Garage
Days on site
41
MLS Listing#
73449829
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.

Property Features
  • Water Features
    • Public
School Information
School Information for 419 Lee Burbank Hwy, Revere, MA 02151
Elementary School
N/A
Middle School
N/A
High School
Revere High School
Listing Courtesy: Pasciuto and Associates - 781-883-0707
Presented by: Frank Pasciuto
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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