$1,050,000
8
Beds
3/1
Baths
2,946
Living Area
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Property Description
An Investors Delight! This desirable downtown three-family with its 3-3-2-bedroom arrangement should provide a significant opportunity to amplify one’s cap-rate with its vast array of amenities. Highlighting this property find eight (8) plus parking, separate updated electric w/common meter, separate heat systems, separate hot-water systems, three-unit fire-suppression system, separate entrances, laundry in each unit, hardwood floors, low maintenance polished exterior with decks and a private fenced-in yard. Units are spacious and very functional with lots of natural lighting. All this in a convenient downtown location with shopping, business/city offices, acclaimed restaurants, Dane’s Beach, parks and the MBTA rail to Boston and beyond, yet on a quiet off-street from Beverly’s two main drives, Cabot St. and Rantoul St. (Route 1A). Unit 1 has an extra room in basement. Unit 2 has walk-up attic. Sunday Open House, March 2nd from 11AM to 12:30PM.
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Highlights
- Heating: Forced Air, Natural Gas, Individual, Unit Control, Wall Unit, Electric, Hot Water, Steam, Other
- Parking Spots: 8
- Property Type: 3 Family
- Total Rooms: 14
- Status: Closed
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1880
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Additional Details
- Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Range Hood
- Construction: Frame
- Flooring: Tile, Carpet, Hardwood, Stone/Ceramic Tile
- Interior Features: Ceiling Fan(s), Lead Certification Available, Storage, Bathroom With Tub & Shower, Internet Available - Broadband, Walk-Up Attic, Bathroom with Shower Stall, Stone/Granite/Solid Counters, Open Floorplan, Slider, Other, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rhd
- Basement: Full, Interior Entry
- Exterior Features: Balcony/Deck, Rain Gutters, Other
- Foundation: Stone
- Lot Features: Cleared, Level, Other
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
- Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: 110 Volts, 220 Volts, Circuit Breakers, 100 Amp Service, Common, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $896,100
- Tax Year: 2025
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $9,848
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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 Cameron Real Estate Group.
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