70 Highland St
$1,399,000
10
Beds
7/1
Baths
6,541
Sqft
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$1,399,000
10
Beds
7/1
Baths
6,541
Living Area
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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.
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
- Parking Spots: 12
- Property Type: 4 Family
- Total Rooms: 20
- Status: Active
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Additional Details
- Basement: Full, Finished
- Lot Features: Level
- Total Number of Units: 4
- Year Built Source: Public Records
- Foundation: Brick/Mortar
- SqFt Source: Other
- Year Built Details: Actual
- Zoning: Rb
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Amenities
- Covered Parking Spaces: 2
- Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach
- Parking Features: Paved Drive
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Utilities
- Electric: 110 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,283,700
- Taxes: $11,643
- Tax Year: 2025
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Listing information provided courtesy of Broad Sound Real Estate, LLC.
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