$1,595,000

Est. Mortgage $7,650/mo *

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419 Lee Burbank Hwy, Revere, MA, 02151

419 Lee Burbank Hwy, Revere, MA, 02151
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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.

Status:

Active

Type:

Lot / Acreage

Zoning:

GB

Acreage:

0.26

Est. Taxes:

$11,309

Assessment

$1,246,900

Lot Description:

Level

Amenities:

Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

High School:

Revere High School

MLS #:

73449829

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Frank Pasciuto, Pasciuto and Associates 781-883-0707