1 Sprague St, Revere, MA 02151
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1 Sprague St, Revere, MA 02151,Video Tour
1 Sprague St, Revere, MA 02151
1 Sprague St, Revere, MA 02151
1 Sprague St, Revere, MA 02151
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John J. Dean Jr.

John J. Dean Jr.

+1(617) 553-1926
$ 1,599,900
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Active

1 Sprague St Revere, MA 02151

3,362 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,362 sqft

Price per Sqft $475

MLS Listing ID 73544243

HOA Y/N false

Year Built 1900

Annual Tax Amount $17,306

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Description

Currently a legal 5-unit property listing in RB zoning. Longtime positive cash flow property used for law offices and music school & mixed use. Residential 3+ bedroom unit on 2nd floor. Property also contains drive in commercial garage space with garage doors and access to the 1st floor from inside the garage space. Current rent roll is $7200 a month. Ownership is on site and operating as attorney and law services, with additional rent income producing tenants. Current city zoning is RB which consists of one- and two-family units. Development opportunities to add additional units and levels with waters views is the hidden gem at this location. Special permitting would be required. Ownership is willing to offer help with its legal services of the process to help buyer. MBTA transportation and proximity to revere beach is added benefits. Buyers to do due diligence as best use as to maintain as current 5 unit or special permitting for condos/development in a development friendly town

Location

State MA

County Suffolk

Zoning RB

Direction GPS

Exterior

Utilities Available Public Water, Public Sewer, 220 Volts

Others

Senior Community false

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Listed by Barry Realty Group

NEARBY SCHOOLS & PROPERTIES

John J. Dean Jr.

John J. Dean Jr.

Real Estate Advisor | License ID: 9512783

+1(617) 553-1926

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1 Sprague St

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