114 Shirley Ave, Revere, MA 02151

$3,200,000

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Sold Price
$3,200,000
List Price
$3,199,900
Status
SOLD
MLS#
73223413
Lot Size (Acres)
0.13

Property Description

Become part of the “Shirley Avenue Resurgence” via this potential “50+ unit new construction development.” Currently, the mixed-use bldg consists of 2 Commercial storefronts with three residential units above. Totally “under-utilized” in its present state, zoning allows for various uses. The location is in a transit-oriented district 2-3 minutes from MBTA Blue Line, connecting to all points. Draft preliminary plans/Concepts for a 50-unit "transit-oriented development" for serious buyers/investors on file. Ideal for investors looking to add to their portfolio and be a part of Revere's "booming economy." 5 min walk to America's first public beach-Revere Beach. This is an excellent opportunity for builders/developers to convert multi-level mid-rise housing to an income-producing 50-unit bldg. See MLS # 73223415 for additional information regarding 27 Nahant Ave.

Additional Information

Area
Revere Beach
Taxes
$2,002
Parking Description
Shared Driveway
Lot Description
Level, Curbs & Gutters, Sidewalks
Water
Public
Sewer
Public Sewer
Middle School
Garfield
High School
Revere

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Lou Markakis from Listing Office: Lynnway Associates.

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