Sold!
$3,120,000
17
Beds
9
Baths
7,051
Living Area
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Property Description
All offers due Monday (5/13) by 6 PM. Seller reply by Tuesday (5/14) by 6 PM. Final Group showing by appointment only. Monday (5.13), 10 AM – email Listing Broker if you plan to attend the Group showing. A Beverly Cove investment opportunity not to be missed! The perfect blend of superior location with a strong income stream. Only 2 blocks to Dane St Beach and thriving Downtown Beverly. Less than ¾ mile to Beverly MBTA. Three well-maintained contiguous parcels (combined lot 17,228+- sq ft) with 9 units on desirable Hale Street with 20+- car parking to be sold as a package. Eight nicely appointed 2-bedroom apartments & one 1-bedroom apartment. See separate income & expense statement and breakdown of Leases/TAW's. . Can also be purchased with 12 Highland Ave, Beverly. Another outstanding downtown 4-unit property ($1.2M) and 21 Symonds St, Salem. A strong income producing 3-unit in North Salem ($950K).
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Highlights
- Area: Beverly Cove
- Parking Spots: 20
- Property Type: 5-9 Family
- Year Built: 1880
- Heating: Forced Air, Natural Gas, Individual, Unit Control
- Property Class: Residential Income
- Total Rooms: 35
- Status: Closed
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Additional Details
- Appliances: Range, Disposal, Refrigerator, Dishwasher, Microwave
- Construction: Frame
- Flooring: Wood, Tile, Vinyl, Varies
- Interior Features: Bathroom With Tub & Shower, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Living Room, Kitchen
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: R6
- Basement: Full, Walk-Out Access, Interior Entry, Dirt Floor, Concrete
- Exterior Features: Balcony, Rain Gutters
- Foundation: Stone, Brick/Mortar
- Road Frontage Type: Public
- Total Number of Units: 9
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Waterfront Features: Beach Front, Beach Access, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Driveway, Paved
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Utilities
- Electric: Circuit Breakers, 100 Amp Service, Individually Metered, Varies per Unit
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,235,000
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Heat, Electric, Water, Hot Water), Unit 2(Water, None), Unit 3(Water, None), Unit 4(Water, None)
- Taxes: $25,214
- Buyer Agent Compensation: 1%
- Facilitator Compensation: 1%
- Tax Year: 2024
- Total Rent: $23,025
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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 Buckley Realty Group, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
