Sold!
$983,000
5
Beds
3
Baths
1,819
Living Area
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Property Description
Exceptional opportunity to own a well-maintained three-family property in one of Beverly's most desirable locations - just moments from beaches, parks, downtown and the commuter rail. This charming multi-family offers a versatile unit mix with two 2-bedroom units and one 1-bedroom unit, making it ideal for both investors and future owner occupants seeking strong rental income. Each unit has been consistently rented and cared for. Additional income is generated by a detached garage currently leased for $250/month to a local small business owner. The garage footprint and lot size may offer future potential for expansion or an accessory dwelling unit (ADU), subject to local approvals. A site plan is available for reference. Most recent improvement includes a brand new high efficiency furnace. Roof replaced in 2013. Off street parking provides one dedicated space per unit. A rare opportunity to invest in a prime Beverly location with immediate income and long-term upside potential
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Highlights
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Heating: Hot Water, Natural Gas
- Parking Spots: 4
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 11
- Status: Closed
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Additional Details
- Appliances: Washer, Dryer, Range, Refrigerator
- Construction: Frame
- Fireplaces: 1
- Foundation: Concrete Perimeter, Stone
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Concrete, Unfinished
- Exterior Features: Garden, Other
- Flooring: Hardwood
- Interior Features: Laundry Room, Internet Available - Unknown, Stone/Granite/Solid Counters, Internet Available - Satellite, Living Room, Kitchen, Family Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rmd
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Amenities
- Community Features: Public Transportation, Shopping, Park, Golf, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Paved
- Covered Parking Spaces: 1
- Waterfront Features: Beach Access, Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $645,400
- Tax Year: 2025
- Total Rent: $7,050
- Rental Fee Includes: Unit 1(Heat, Electric, Water), Unit 2(Heat, Water), Unit 3(Heat, Water)
- Taxes: $7,136
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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 Portside Real Estate Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
