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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

Building

  • Building Area Units Square Feet

Utilities

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

Water Body

  • Waterfront Features Ocean, Beach Ownership(Public)

Tax Information

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

Location

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

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

School Information

  • High School Revere High School

Basic Information

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

Property

  • Acreage0.26

Property Information

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

Other

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

Map Location

Listed by Frank Pasciuto of Pasciuto and Associates

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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