Sold!
$1,100,000
6
Beds
5
Baths
3,475
Living Area
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Property Description
Rare opportunity to purchase this well-maintained c.1920 4-Family gem in downtown Beverly. Turnkey investment property with strong cash flow on Side street between Cabot and Rantoul makes you forget how close you are to the vibrant downtown! Only 0.3 mile to Beverly Depot & 0.5 mile to the waterfront. All 4 units feature views of the terraced backyard and mature trees. Recent major upgrades include all new electric service/panels (2018), new gas boiler (2019), new gas water heater, all new gutters, and rebuilt chimneys (2020). With a mixture of appealing 1 and 2 bedroom units, 3-car off-street parking, and coin-op laundry, it’s perfect for the savvy investor or owner-occupier. One of the apartments has a private entrance and deck for privacy. The peaceful backyard is perfect for gardening, barbecuing, games or just sunbathing.
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Highlights
- Heating: Steam, Natural Gas, Forced Air, Oil, Electric
- Property Class: Residential Income
- Total Rooms: 15
- Status: Closed
- Parking Spots: 3
- Property Type: 4 Family
- Year Built: 1920
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Refrigerator
- Construction: Frame
- Flooring: Wood, Tile, Vinyl
- Foundation Area: 1152
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full, Concrete
- Exterior Features: Rain Gutters, Stone Wall
- Foundation: Stone
- Interior Features: Bathroom With Tub & Shower, Remodeled, Walk-Up Attic, Bathroom with Shower Stall, Living Room, Kitchen, Dining Room
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: Rhd
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Waterfront Features: Beach Front, Beach Access, Ocean, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $843,500
- Tax Year: 2024
- Total Rent: $8,440
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Water, Hot Water)
- Taxes: $9,473
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Berkshire Hathaway HomeServices Warren Residential.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
