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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1 Sprague St , Revere, MA 02151
$1,599,900
Est. Payment: $3,555.33/mo
0 Bed
0 Bath
3362 Sqft
Status: Active | Days on site: 78
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AC0727 - CN227748
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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
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Highlights

Listed by Peter Castrichini , 978-204-3874 Barry Realty Group , 781-246-7535.

Property Type

Commercial Sale
Lot/Acreage
0.16

Year Built

1900

County

Suffolk

Listing ID

73544243

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Zoning:Legal Conforming
Principal Interest
$3,555
Taxes
$1,442

Home Price

$1,599,900

Loan Details

30 yrs
%

Down Payment

20%
$319,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,555.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,555.33 $1,442.17 $0.00 $4,997.50
Yearly $42,664.00 $17,306.00 $0.00 $59,970.00
Total $1,279,920.00 $519,180.00 $0.00 $1,799,100.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Revere, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.