Sold!
$1,300,000
8
Beds
5
Baths
3,666
Living Area
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Property Description
Excellent investment oppurtunity knocks for this well maintained 5 unit building in the heart of Beverly. Perfectly located on a quiet side street between Rantoul and Cabot, 1 block from the Beverly Commuter rail stop, and steps to all of Beverly's great restaurants, shops, and bars. This building features five lovely units of varying sizes with wonderful tenants. Plenty of off street parking, a covered back porch, side yard, full basement with separate storage areas for tenants, and coin op washer and dryer that will remain. Blown in isulation installed throughout the building in 2022, Many cosmetic updates have already been done incuding some new kitchens and baths, refinishing of hardwood floors, new bedroom added in 3rd floor unit, and new basement stairs. Group showings will be scheduled for pre-approved buyers. Video tours availabe also!
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Highlights
- Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
- Property Class: Residential Income
- Total Rooms: 19
- Status: Closed
- Parking Spots: 7
- Property Type: 5+ Family - 5+ Units Up/Down
- Year Built: 1905
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Additional Details
- Appliances: Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator, Dishwasher - ENERGY STAR), Unit 3(Range, Refrigerator), Unit 4(Range, Dishwasher, Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
- Exterior Features: Porch
- Flooring: Wood, Tile, Laminate, Hardwood, Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Tile Floor, Hardwood Floors)
- Interior Features: Unit 2(Pantry, Bathroom With Tub & Shower), Unit 3(Bathroom with Shower Stall), Unit 4(Pantry, Upgraded Countertops, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Dining Room, Kitchen)
- Total Number of Units: 5
- Year Built Source: Public Records
- Basement: Full
- Fireplaces: 2
- Foundation: Stone
- Lot Features: Gentle Sloping
- Year Built Details: Approximate
- Zoning: Rhd
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Private School, Public School, T-Station, University
- Waterfront Features: Beach Front, 1 to 2 Mile To Beach
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $885,600
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $9,972
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Tax Year: 2023
- Total Rent: $9,425
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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 J. Barrett & Company.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
