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114 Shirley Ave, Revere MA 02151 – bed 0 bath For Sale – 73223413

$ 3,199,900
114 Shirley Ave, Revere MA 02151, ,

Overview

  • Updated On:
  • April 10, 2025
  • listingid
  • 73223413
  • 0 Bathrooms

Description

Become part of the “Shirley Avenue Resurgence” via this potential “50+ unit new construction development.” Currently, the mixed-use bldg consists of 2 Commercial storefronts with three residential units above. Totally “under-utilized” in its present state, zoning allows for various uses. The location is in a transit-oriented district 2-3 minutes from MBTA Blue Line, connecting to all points. Draft preliminary plans/Concepts for a 50-unit “transit-oriented development” for serious buyers/investors on file. Ideal for investors looking to add to their portfolio and be a part of Revere’s “booming economy.” 5 min walk to America’s first public beach-Revere Beach. This is an excellent opportunity for builders/developers to convert multi-level mid-rise housing to an income-producing 50-unit bldg. See MLS # 73223415 for additional information regarding 27 Nahant Ave.

This property is listed by Lou Markakis from Lynnway Associates

Property Listing Details

Overview

MLS Status
Price $ 3,199,900
Living Area
Bedrooms
Total Rooms
Listing MLS ID 73223413
Days on Market 66
Bathrooms

Unit Information

Bedrooms
Full Bathrooms
Half Bathrooms
Cooling
Heating
Uncovered Parking
Garage Parking
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint
Outdoor Space Available
Living Area Includes Basement
Patio And Porch Features
Parking Features Shared Driveway
Waterview Features
Flooring

Building Information

Building Name
Units in Building
Pets Allowed
Association Amenities
Pool Features
Waterfront Features Beach Front,Ocean,Walk to,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Association Fee Includes
Construction Materials
Year Built
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement
Roof

Additional Details

Community Features Public Transportation,Park,Medical Facility,Laundromat,Conservation Area,Highway Access,House of Worship,T-Station,Sidewalks
Disclosures TWO properties For Sale as a package (114 Shirley Ave. / 27 Nahant Ave.) Seller and/or Listing Agent make no warranties or representations regarding zoning and/or use of land. Buyers must perform their own due diligencie
Last Updated 2025-04-10T19:08:00.000Z
Building Area Source
MLS PIN Page
Parcel Number M:8 B:146 L:2,1368605
Original List Price 3199900
Listing Office lynnway associates
Tax Annual Amount 2002
Tax Assessed Value 210500
Tax Book Number 0
Tax Year 2023
Year Built Details
Year Built Source
Zoning GB
Listing Agent lou markakis

Property Address

Address: 114 Shirley Ave, Revere MA 02151
City:
State/County:
Zip: 02151
Country: US

Amenities and Features

Other Features
Electrical Utility Available
Open Parking

Payment Calculator

$ 18,334.59
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 15,348.01

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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114 Shirley Ave, Revere MA 02151 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

114 Shirley Ave, Revere MA 02151 – bed 0 bath For Sale – 73223413

$ 3,199,900

Status:

114 Shirley Ave, Revere MA 02151, , , 02151

Country: US

Property Overview

MLS #: 73223413

Type: /

Action:

Year Built: (, Source: , Effective: )

Living Area: (Total: Square Feet, Source: )

Lot Size: 0.13 ft2 (Area: 0.13 Acres, SqFt: 5502)

Total Rooms:

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: (Main Level: )

Bathrooms: Total: 0 (Full: , Half: , Decimal: , Main Level: )

Basement:

Fireplaces: ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials:

Foundation: (Area: )

Roof:

Stories: ()

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer (MWRA)

Utilities:

Electric: On-Site (Expense: )

Gas: At Street

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces:

Covered Spaces:

Parking Total:

Parking Features: Shared Driveway

Pool:

Spa:

Patio/Porch:

Fencing: Fenced

Lot Features: Level,Curbs & Gutters,Sidewalks

View: (, Waterview Y/N: No)

Waterfront: Beach Front,Ocean,Walk to,0 to 1/10 Mile To Beach,Beach Ownership(Public)

Road Frontage: Public,City Street (112.00)

Road Surface: Paved

Road Responsibility: Public Maintained Road

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: 1 (Number: 2)

Outdoor Space:

Community & Association

Community Features: Public Transportation,Park,Medical Facility,Laundromat,Conservation Area,Highway Access,House of Worship,T-Station,Sidewalks

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: Garfield, H: Revere

Zoning: GB ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Become part of the “Shirley Avenue Resurgence” via this potential “50+ unit new construction development.” Currently, the mixed-use bldg consists of 2 Commercial storefronts with three residential units above. Totally “under-utilized” in its present state, zoning allows for various uses. The location is in a transit-oriented district 2-3 minutes from MBTA Blue Line, connecting to all points. Draft preliminary plans/Concepts for a 50-unit “transit-oriented development” for serious buyers/investors on file. Ideal for investors looking to add to their portfolio and be a part of Revere’s “booming economy.” 5 min walk to America’s first public beach-Revere Beach. This is an excellent opportunity for builders/developers to convert multi-level mid-rise housing to an income-producing 50-unit bldg. See MLS # 73223415 for additional information regarding 27 Nahant Ave.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units:

Units Owner Occupied:

Unit 1: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 2: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 2002 (Year: 2023)

Tax Assessed Value: 210500

Tax Block/Lot/Book/Map: 146 / 1 / 0 / 8

Parcel Number: M:8 B:146 L:2,1368605

Special Licenses:

Current Financing: Conv. Fixed

Gross Income: (Scheduled: )

Net Operating Income:

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available:

Tenant Pays:

Rent Includes:

Total Actual Rent:

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Lou Markakis (MLS ID: C0001549) / Team: CN238628,CN233147

Listing Office: Lynnway Associates (MLS ID: AN7887)

Agent (Property):

Buyer Agent MLS ID: CN213130

Buyer Office MLS ID: AN7409

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2024-04-12

Expiration Date: 1900-01-01

Original List Price: 3199900

Price Per SqFt (List):

Market Time (Property): 174 (Broker: 66, Prev Broker: 108, Prev Property: 108)

MLS Status: Sold

Possession:

Directions: VFW Pkwy to Shirley Ave.

Disclosures: TWO properties For Sale as a package (114 Shirley Ave. / 27 Nahant Ave.) Seller and/or Listing Agent make no warranties or representations regarding zoning and/or use of land. Buyers must perform their own due diligencie, N

Lead Paint:

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: Legal Description,Land Survey,Leases,Aerial Photo,Drawings (Count: 5)

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: (Incl. Base: , Other: )

Master Book/Page: / (Page: 0)

Sale Information (if applicable)

Close Date: 2025-04-10

Close Price: 3200000

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-04-16T04:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2024-06-17

Sold vs Rent:

System Information

Property ID: 1455512

Modification Timestamp: 2025-04-10T19:08:00.000Z

Bridge Modification Timestamp: 2025-04-10T19:11:03.601Z

Original Entry Timestamp: 2024-04-12T13:11:00.000Z

Status Change Timestamp: 2025-04-10T19:08:00.000Z

Off Market Date: 2024-06-17

Development Status: Finish Graded

Business Type:

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