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$55,000 per unit great price. 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.

More Info

Basic Information

  • Lot Features Level
  • Mls StatusNew
  • Parcel Number M:7 B:122B L:2,1367847
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $1,246,900
  • Tax Year 2025
  • Taxes$11,309

School Information

  • High School Revere High School

Basic Information

  • List Price$1,100,000
  • MLS Number73532650
  • Modification Date06/09/2026
  • Property SubTypeCommercial

Location

  • Address419 Lee Burbank Highway
  • Building Number419
  • CountySuffolk
  • StateMA
  • StreetLee Burbank Highway
  • TownRevere
  • Zip02151

Building

  • Building Area Units Square Feet

Property

  • Acreage0.26

Utilities

  • Electric At Street
  • Gas At Street
  • Sewer Public Sewer, At Street
  • Water Source Public, At Street

Property Information

  • Lot Size Square Feet 11,456
  • Lot Size Units Acres

Amenities

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

Water Body

  • Waterfront Features Ocean, Beach Ownership(Public)

Legal

  • ZoningGB

Other

  • Date Listed06/09/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Frank Pasciuto of Pasciuto and Associates

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