Multi Family property with 10 bedroom(s), 7 bathroom(s) in Revere MA.
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.
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