Sold!
$700,000
6
Beds
3
Baths
2,118
Living Area
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Property Description
INVESTOR/CONTRACTOR SPECIAL! Opportunity to restore a multifamily property in a prime Revere location. Property sustained a basement fire on August 11, 2025. Most damage occurred in the basement, with additional damage to the upper units resulting from firefighting efforts. Property is being sold AS-IS and will not qualify for conventional, FHA, VA, or other traditional financing. Cash buyers only. The City of Revere is requiring the installation of a sprinkler system throughout the building as part of the restoration process. Buyer and buyer's agent to perform all due diligence regarding permits, code requirements, renovations, and intended use. Property is located behind another residence and is accessed via a 3-foot-wide pedestrian easement. No vehicle access or on-site parking. Approx. 2-minute walk to Revere Beach MBTA Station, less than 5 minutes to Revere Beach, and close to restaurants, shopping, and local amenities. Proof of funds required to see the property.
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Highlights
- Levels: 4
- Property Type: 3 Family
- Total Rooms: 13
- Status: Closed
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
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Additional Details
- Flooring: Wood, Tile
- Lot Features: Easements
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Gb
- Foundation: Block
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat, Public School, T-Station
- Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $706,800
- Taxes: $6,411
- Tax Year: 2025
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Listing information provided courtesy of Century 21 North East.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
