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Currently a legal 5-unit property listing in RB zoning. Longtime positive cash flow property used for law offices and music school & mixed use. Residential 3+ bedroom unit on 2nd floor. Property also contains drive in commercial garage space with garage doors and access to the 1st floor from inside the garage space. Current rent roll is $7200 a month. Ownership is on site and operating as attorney and law services, with additional rent income producing tenants. Current city zoning is RB which consists of one- and two-family units. Development opportunities to add additional units and levels with waters views is the hidden gem at this location. Special permitting would be required. Ownership is willing to offer help with its legal services of the process to help buyer. MBTA transportation and proximity to revere beach is added benefits. Buyers to do due diligence as best use as to maintain as current 5 unit or special permitting for condos/development in a development friendly town

More Info

Basic Information

  • Mls StatusNew
  • Parcel Number M:15 B:258 L:13,1372210

Tax Information

  • Tax Year 2025
  • Taxes$17,306

Basic Information

  • List Price$1,599,900
  • MLS Number73544243
  • Modification Date07/02/2026

Location

  • Address1 Sprague Street
  • Building Number1
  • CountySuffolk
  • StateMA
  • StreetSprague Street
  • TownRevere
  • Zip02151

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, 220 Volts
  • Year Built1900

Property

  • Acreage0.16

Property Information

  • Living Area 3,362
  • Lot Size Square Feet 6,808
  • Lot Size Units Acres
  • Square Feet3,362

Legal

  • ZoningRB
  • Zoning Description Legal Conforming

Other

  • Date Listed07/02/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Peter Castrichini of Barry Realty Group

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