419 Lee Burbank Hwy, Revere, MA

$1,595,000

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0.26

Acres

About 419 Lee Burbank Hwy

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.

Features of 419 Lee Burbank Hwy

MLS® # 73449829
Price $1,595,000
Acres 0.26
Type Land
Sub-Type Commercial
Status Active

Community Information

Address 419 Lee Burbank Hwy
City Revere
County Suffolk
State MA
Zip Code 02151-4064

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

School Information

High Revere High School

Additional Information

Zoning GB

Listing Details

Agent Frank Pasciuto
Office Pasciuto and Associates

Listing Map

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