$1,250,000
9
Beds
6
Baths
3,654
Living Area
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Property Description
This two-story six-family has been in the same ownership for 31 years. The property boasts a rentable square footage of 3,654± SF with a total gross of 5,691± SF. It consists of Three (3) studios, one (1) one-bedroom+den, one (1) two-bedroom, and one (1) three-bedroom unit. The property offers a balcony, coin-op laundry, 8 surface parking spots, and 1 garage. This property offers investors a value-add opportunity with under-market rents within a supply-restrained prime location. The asset is near the Cummings Center, Lahey Medical, and Beverly Depot, with various transportation options and accessibility to all major thoroughfares.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1920
- Parking Spots: 9
- Property Type: 5-9 Family
- Total Rooms: 18
- Status: Closed
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Additional Details
- Foundation: Concrete Perimeter, Stone
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R10
- Foundation Area: 9999
- Road Frontage Type: Public
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Covered Parking Spaces: 1
- Waterfront Features: 1/2 to 1 Mile To Beach
- Parking Features: Off Street
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $991,300
- Taxes: $11,132
- Tax Year: 2024
- Total Rent: $9,725
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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 North Shore Realty Advisors.
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