Lynn D'Avolio
Coldwell Banker Residential Brokerage | 801-597-2857 | lynn1@soldbylynn.com

9-21 Bennington St, Revere, MA 02151

Beachmont

Commercial

$1,100,011
Price
$975,000
Sale Price

1
Buildings
5+ Residential
Type of Comm.
9,584.00
Lot Size
A unique investment opportunity in Revere adjacent to the Suffolk Downs Redevelopment District, which Boston Globe calls one of the largest open parcels remaining in or around Boston. This highly sought-after neighborhood abuts the MBTA Beachmont T Station and is located minutes from Boston & within walking distance to shopping, restaurants & beaches, making it an ideal location for Transit Oriented Development (TOD) programs, which may allow for expanded possibilities & greater density. This 100% occupied 6-unit building consists of 1 retail space, 5 residential units and 13 off-street parking spaces and is currently rented at below market value. First floor includes three (1)bedroom apts and (1)commercial retail. Second & third floors consist of two 3+ bedroom duplex style apts. This property is zoned GB, offering potential for expansion to five stories & allows for many possible uses such as office, retail & condo conversion.
Highlights
Lot Size: 9,584.00
Acres: 0.22
Sale Price: $975,000
Settled Date: 12/21/2016 12:00:00 AM
Area/Village: Beachmont
List Price: $1,100,011
Type: Commercial
Type of Comm.: 5+ Residential
Status: Sold
Stories: 3
Buildings: 1
Total Units: 6
Units: 6
Total Sq. Ft.: 5,451
Year Built: 1920
Approx. GLA: 5,451
MLS#: 72050680
 
Exterior
Acres: 0.22
Lot Size: 9,584.00
Parking Spaces: 13
Parking Features: Assigned, 11-20 Spaces, Paved Driveway, On Site
Construction: Frame
Location: Urban, Park, Shopping Mall, Free Standing, Highway Access, Public Transportation
Utilities: Public Water, Public Sewer, Natural Gas
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: No
Assessed Building Value: $350,400
Assessed Land Value: $136,800
Exchange: No
Taxes: $7,040
Tax Year: 2016
Book/Page: 43357/233
Sublet: No
Total Assesed Value: $487,200
Zone Description: Legal Non-Conforming
Features
Retail Units: 1
Residential Units: 5
 
Additional
Disclosure Declaration: No
Disclosure: Rent roll & financials are available upon request.
For Lease: No
Space Available: For Sale
Map
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The listing office is Coldwell Banker Residential Brokerage - Lynnfield and the listing agent is Pina DiChiara. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 6/25/2017 7:35:00 AM.
 
Lynn D'Avolio
Lynn D'Avolio
Coldwell Banker Residential Brokerage