$3,199,900

Est. Mortgage $17,247/mo *

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114 Shirley Ave, Revere, (Revere Beach), MA, 02151

114 Shirley Ave, Revere, (Revere Beach), MA, 02151
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Become part of the “Shirley Avenue Resurgence” via this potential “50+ unit new construction development.” Currently, the mixed-use bldg consists of 2 Commercial storefronts with three residential units above. Totally “under-utilized” in its present state, zoning allows for various uses. The location is in a transit-oriented district 2-3 minutes from MBTA Blue Line, connecting to all points. Draft preliminary plans/Concepts for a 50-unit "transit-oriented development" for serious buyers/investors on file. Ideal for investors looking to add to their portfolio and be a part of Revere's "booming economy." 5 min walk to America's first public beach-Revere Beach. This is an excellent opportunity for builders/developers to convert multi-level mid-rise housing to an income-producing 50-unit bldg. See MLS # for additional information regarding 27 Nahant Ave.

Status:

Active

Town:

Revere

Type:

Lot / Acreage

Zoning:

GB

Frontage:

112.00

Parking:

Shared Driveway

Acreage:

0.13

Est. Taxes:

$2,002

Assessment

$210,500

Lot Description:

Level, Curbs & Gutters, Sidewalks

Amenities:

Public Transportation, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, T-Station, Sidewalks

Middle School:

Garfield

High School:

Revere

MLS #:

73223413

Buyer Agent Compensation:

2.0

Facilitator Compensation:

1.0

Compensation Based On:

Gross/Full Sale Price

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Lou Markakis, Lynnway Associates Phone: 781-558-8518