$1,599,900
( $475.88Per Sq Foot )
 $8,589 est/mo Sourced by Back At You

1 Sprague St,Revere, MA 02151

Revere, MA 02151

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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

Details

MLS #73544243
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site79
Listing Provided ByBarry Realty Group | Peter Castrichini

Features

SQ Feet3,362
ZoningRB
Acreage0.16

Utilities

UtilitiesPublic Water, Public Sewer, 220 Volts

Taxes

Tax Annual Amount17306
Tax Year2025

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountySuffolk
CityRevere
Zip Code02151
AreaSuffolk
Listing VS Median (in 02151)
Price:
$1,599,900
low | high
Med:
$439,000
100% of Average
sqft:
3,362
low | high
Med:
875
100% of Average
$ / sqft:
$476
low | high
Med:
$502
44.57069638281% of Average
On site:
79
low | high
Med:
110
71.818181818182% of Average
Sourced by Back At You

Market Activity 02151

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Learn More About This Property

H-K Realty

H-K Realty

 (603) 684-2609hk@h-krealty.com
StateMA
CountySuffolk
CityRevere
Zip Code02151
AreaSuffolk
Listing VS Median (in 02151)
Price:
$1,599,900
low | high
Med:
$439,000
100% of Average
sqft:
3,362
low | high
Med:
875
100% of Average
$ / sqft:
$476
low | high
Med:
$502
44.57069638281% of Average
On site:
79
low | high
Med:
110
71.818181818182% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.199M - $1.999M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
11 Lowe Street Place Property Photo 1
$829,000
11 Lowe Street Place
Revere, MA 02151
Listing Updated: September 5, 2026 at 10:59:07 PM PDT
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