$1,400,000
10
Beds
5
Baths
4,740
Living Area
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Property Description
Great opportunity to own a centrally located 5-unit multifamily property in the heart of Beverly. The property features two 1-bedroom units, two 2-bedroom units, and a spacious 4-bedroom unit, offering a versatile mix of layouts and strong rental potential. Conveniently located near the area's restaurants, shops, and amenities, as well as Montserrat College of Art and the Beverly Commuter Rail Station. Dane Street Beach is also just a short distance away. Five off-street parking spaces add valuable convenience for tenants. An exciting opportunity for investors to own a centrally located multifamily property with potential upside through future rent growth and continued improvements.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1910
- Parking Spots: 5
- Property Type: 5-9 Family
- Total Rooms: 20
- Status: Active
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Additional Details
- Basement: Bulkhead, Concrete, Unfinished
- Exterior Features: Stone Wall
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
- Construction: Frame
- Flooring: Wood, Vinyl, Carpet, Varies
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Cc
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Amenities
- Community Features: Public Transportation, Shopping, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Waterfront Features: 1/2 to 1 Mile To Beach
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: Varies per Unit
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,416,300
- Taxes: $15,310
- Tax Year: 2026
- Total Rent: $10,425
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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 Herrick Lutts Realty Partners.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.