Absolutely incredible waterfront development opportunity! Prime oceanfront lot in the rapidly changing Revere Beach waterfront, with close proximity to the massive Suffolk Downs redevelopment too. Rare opportunity to build your dream oceanfront home or develop multiple units with direct water views. Currently this property offers a single family ranch on 10,058sf lot with off street parking and access off Belcher St and Broadsound Ave. Charming home with massive yard could be rehabbed or torn down, unlocking the potential to develop 2 units by right, and possibly multiple more with approval from the city. Easy/quick walk to the Blue Line and the serene Belle Isle Marsh. Just imagine the possibilities...
Lot Description:
Flood Plain
View Description:
Scenic View(s)
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Marina, Private School, Public School, T-Station, Other
166A Broadsound Avenue, Revere, (Beachmont), MA, 02151
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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