Luxury Residential Group: 70 Highland St, Revere, MA

Property Description

Attention investors looking for their next project in an opportunity zone! CASH OR REHAB LOAN REQUIRED. This 4-family property currently has an order to correct issued by the City of Revere due to the fact that it is configured as 8 units. The city requires the buyer to either return the property to its legal 4-family status or apply for zoning relief. Of the 8 units, 7 will be delivered vacant, and efforts are underway to deliver the entire property vacant. Large 3- or 4-bedroom units can easily be configured in each unit, as demonstrated by the second floor, which still retains the original layout. Additionally, the property consists of 2 lots totaling approximately 8,000 sq ft, offering potential for an addition to the existing structure or a complete redevelopment of the site.

offered at

$1,399,000

Status: New
Listing ID: 73408775
Bedrooms: 10
Full Baths: 7
Half Baths: 1
Living Area: 6,541 sqft 608 m² Convert
Lot Size: 8,000 sqft 743 m² Convert
Acres: 0.18

Additional Details

Type: Multi-Family, 4 Family

Zip Code: 02151

Levels: 4

Parking

Garage: 2

Garage Capacity: 2

Parking: Paved Drive

Parking Spaces: 12

Rooms and Dimensions

Total Units: 4

Total Floors: 4

Total Rooms: 20

LRG Boston

(617) 233-5800

70 Highland St

Revere, MA