Active
73 Days on market
419 Lee Burbank Hwy Revere — Photo 1 of 4
$1,100,000
419 Lee Burbank Hwy, Revere, MA 02151
Revere, MA 02151
Beds
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SqFt
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Style
Commercial
Built
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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.
Property Details
Financials
Original Price$1,100,000
Annual Taxes$11,309
Parking
Garage0
Off-Street0
Interior Specifications
Total Rooms--
FireplacesNone
Flooring--
BasementNone
Climate & Utilities
Heating--
Cooling--
WaterPublic, At Street
SewerPublic Sewer, At Street
Building & Exterior
Construction--
Roof--
Foundation--
ZoningGB
Property & Lot
Acres0.26
SqFt Lot11,456
Lot FeaturesLevel
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Laundromat • Conservation Area
Geography
Property History
Listed
$1,100,000
Jun 9, 2026
MLS® 73532650
Expired
$1,100,000
May 29, 2026
MLS® 73486315
Listed
$1,100,000
Mar 12, 2026
MLS® 73486315
Expired
$1,595,000
Jan 31, 2026
MLS® 73449829
Listed
$1,595,000
Oct 30, 2025
MLS® 73449829
Population
60,012
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$87K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
54.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Suffolk County
2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Provided By
Listing Agent: Frank Pasciuto
Listing Office: Pasciuto and Associates
MLS® Number: 73532650
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