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.
This home has been viewed 52 times
Last Checked: September 17th, 2025 at 4:30am (Source: MLS PIN #73408775)
Gross Income: $0
Gross Expenses: $11,643
Net Income Calc: $11,643
CAP Rate: -0.83%
Annual Expenses for 70 Highland St, Revere MA 02151
Total Gross Expenses (Calculated)$11,643/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$11,643
Annual Income & Unit Breakdown for 70 Highland St, Revere MA 02151
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 70 Highland St, Revere MA 02151
Listing ID73408775
Property TypeMulti Family / 4 Family
Price$1,399,000 ($213.88/SqFt)
Style4 Family
CityRevere
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total6,541 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking14 (2 Garage)
Garage Parking2 / Detached
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningRB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesOcean, 3/10 To 1/2 Mile To Beach
Energy Features
Terms
Disclosures for 70 Highland St, Revere MA 02151
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosuretotal based off public record and below grade sqft
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 70 Highland St, Revere MA 02151
Real Estate Taxes$11,643
Tax Year2025
Assessed Value$1,283,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.83%
Location Information for 70 Highland St, Revere MA 02151
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 70 Highland St, Revere MA 02151