Endicott Ave Revere, MA 02151

Property Details for Endicott Ave

Year built

2023

Lot size

0.11 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a fully approved six-unit condominium development located in the desirable coastal city of Revere, Massachusetts. The project comprises six spacious two-bedroom units, each offering breathtaking ocean views. A significant advantage is the inclusion of six dedicated garage parking spaces, a highly sought-after amenity in this location. The property sits on a 0.11-acre lot, providing ample space for the building and potential future landscaping. Complete and approved architectural plans are readily available for review, providing a clear path to construction. While permit plans are not yet finalized, the existing approvals significantly streamline the development process. This presents a unique opportunity for a developer or investor seeking a turnkey project with substantial upside potential. The seller is offering attractive financing options, including first mortgage financing, making this an even more compelling investment proposition. This is a rare chance to acquire a fully approved multi-unit development in a prime coastal location with built-in parking, offering strong potential for rental income and capital appreciation. The approved plans provide a detailed blueprint for construction, minimizing delays and uncertainties. Don't miss this chance to secure a lucrative investment in a thriving coastal market.

Location Insight

City

Revere

County

Suffolk

State

Massachusetts

Longitude

-70.9911

Latitude

42.399