INNOVATE
Real Estate
No photos available for this listing

$1,599,900

1 Sprague St, Revere MA 02151
Revere, MA 02151
Listed by Peter Castrichini
Bedrooms
N/A
Bathrooms
N/A
Living area
3,362 sqft
Year built
1900

About this home

Currently a legal 5-unit property listing in RB zoning. Longtime positive cash flow property used for law offices and music school & mixed use. Residential 3+ bedroom unit on 2nd floor. Property also contains drive in commercial garage space with garage doors and access to the 1st floor from inside the garage space. Current rent roll is $7200 a month. Ownership is on site and operating as attorney and law services, with additional rent income producing tenants. Current city zoning is RB which consists of one- and two-family units. Development opportunities to add additional units and levels with waters views is the hidden gem at this location. Special permitting would be required. Ownership is willing to offer help with its legal services of the process to help buyer. MBTA transportation and proximity to revere beach is added benefits. Buyers to do due diligence as best use as to maintain as current 5 unit or special permitting for condos/development in a development friendly town

Property details

MLS #
73544243
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.16 acres

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Staff Sargent James J. Hill Elementary School
0.17 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
639
Student:teacher ratio
11.8:1
District
Revere
Middle
Rumney Marsh Academy
0.51 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
568
Student:teacher ratio
10.5:1
District
Revere
High
Revere High
0.26 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,996
Student:teacher ratio
13.3:1
District
Revere

Mortgage calculator

Estimate only — actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$9,785/mo
$319,980 down
$1,279,920 loan
Principal & interest$8,302
Property tax (est.)$1,333
Home insurance (est.)$150

Similar homes you might like

No photo
$1,900,000
43 Highrock Street, Lynn MA 01902
Lynn, 01902
N/A bd·N/A ba·N/A
Listed by Eugene L. Clements
No photo
$1,900,000
320 Riverside Dr # 1, Northampton MA 01062
Northampton, 01062
N/A bd·N/A ba·N/A
Listed by Robert Goggins
No photo
$1,900,000
88 Route 6a, Orleans MA 02653
Orleans, 02653
N/A bd·N/A ba·3,843 sqft
Listed by Sharon Dixon
No photo
$1,900,000
80 Congress St, Springfield MA 01104
Springfield, 01104
N/A bd·N/A ba·12,806 sqft
Listed by Carl Perella
No photo
$1,900,000
263 - 267 State, Dartmouth MA 02747
Dartmouth, 02747
N/A bd·N/A ba·3,052 sqft
Listed by Linda F. Hopps
No photo
$1,900,000
42-52 Federal Ave, Quincy MA 02169
Quincy, 02169
N/A bd·N/A ba·11,943 sqft
No photo
$1,888,000
304 Main St, Bourne MA 02532
Bourne, 02532
N/A bd·N/A ba·N/A
Listed by Adrienne White
No photo
$1,885,000
7-11 Wallis St, Beverly MA 01915
Beverly, 01915
N/A bd·N/A ba·6,722 sqft
Listed by Dan Pouladian

Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 2, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.