114 Shirley Avenue, Revere BeachRevere, MA 02151MLS Number 73188488

  • Price: $3,499,900
  • Est. Mortgage of $/month
  • 66 Days on Market
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Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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114 Shirley Avenue Revere MA 02151114 Shirley Avenue Revere MA 02151114 Shirley Avenue Revere MA 02151114 Shirley Avenue Revere MA 02151114 Shirley Avenue Revere MA 02151114 Shirley Avenue Revere MA 02151
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  • 0.13Acreage
Unique RE Development Opportunity. Become part of the “Shirley Avenue Resurgence” via this potential “50+ unit new construction development.” Currently, it is a mixed-use bldg consisting 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 for a 50-unit "transit-oriented development" for serious buyers/investors are on file. Existing business to be sold separately. It is ideal for investors looking to add income property (units) 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 to multi-level mid-rise housing. Two properties as a package total 9798 sq ft. See MLS # 73188486 for additional information regarding 27 Nahant Ave.
Listed by Lou Markakis, Rosa DeCastro and Bernardo Sepulveda of Lynnway Associates

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Lot Features Level
  • Mls StatusReactivated
  • Parcel Number M:8 B:146 L:2,1368605
  • Road Frontage DescriptionPaved

Property

  • Acreage0.13
  • Frontage Length 112

Utilities

  • Electric At Street
  • Gas At Street
  • Sewer Public Sewer, At Street
  • Water Source Public, At Street

Other

  • Buyer Agency Compensation2
  • Date Listed12/21/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count6

Tax Information

  • Tax Assessed Value $210,500
  • Tax Year 2023
  • Taxes$2,002

Location

  • Address114 Shirley Avenue
  • Building Number114
  • CountySuffolk
  • NeighborhoodRevere Beach
  • StateMA
  • StreetShirley Avenue
  • SubdivisionRevere Beach
  • TownRevere
  • Zip02151

Water Body

  • Miles to Beach0.1
  • Waterfront Features Beach Front, Bay, Ocean, Walk to,0 to 1/10 Mile To Beach, Beach Ownership(Public)

Basic Information

  • List Price$3,499,900
  • MLS Number73188488
  • Modification Date02/24/2024
  • Property SubTypeParking

Building

  • Building Area Units Square Feet

Exterior

  • Fencing Fenced/Enclosed, Fenced

Property Information

  • Lot Size Square Feet 5,502
  • Lot Size Units Acres

Amenities

  • Amenities
    • Conservation Area
    • Highway Access
    • Laundromat
    • Medical Facility
    • Park
    • Public Transportation
    • Sidewalks
    • T-Station
    • Walk/Jog Trails
  • Other AmenitiesBeachfront
Listed by Lou Markakis, Rosa DeCastro and Bernardo Sepulveda of Lynnway Associates

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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