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.
MLS Listing ID: | 73408775 |
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Listing Price: | $1,399,000 |
Listing Status: | Active [?] |
Property Type: | Multi Family |
Bedrooms: | 10 |
Full Baths: | 7 |
Half Baths: | 1 |
Living Space: | 6541 sf. |
Lot Size: | 0.18 acres (8000 sf.) |
Parking: | Yes |
Taxes: | $11,643.00 |
Tax Year: | 2025 |
Listing Current as of August 02, 2025 6:00am
This listing brought to you by Juan Cano of Broad Sound Real Estate, LLC.
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