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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,475 sqft
Price per Sqft $316
MLS Listing ID 73235499
Sold Date 08/30/24
Bedrooms 6
Full Baths 5
Year Built 1920
Annual Tax Amount $9,473
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Rare opportunity to purchase this well-maintained c.1920 4-Family gem in downtown Beverly. Turnkey investment property with strong cash flow on Side street between Cabot and Rantoul makes you forget how close you are to the vibrant downtown! Only 0.3 mile to Beverly Depot & 0.5 mile to the waterfront. All 4 units feature views of the terraced backyard and mature trees. Recent major upgrades include all new electric service/panels (2018), new gas boiler (2019), new gas water heater, all new gutters, and rebuilt chimneys (2020). With a mixture of appealing 1 and 2 bedroom units, 3-car off-street parking, and coin-op laundry, it’s perfect for the savvy investor or owner-occupier. One of the apartments has a private entrance and deck for privacy. The peaceful backyard is perfect for gardening, barbecuing, games or just sunbathing.
Location
State MA
County Essex
Zoning RHD
Direction Cabot St, right or left onto Highland Ave or Rantoul St, rt or left on Railroad Ave, rt on Highland.
Rooms
Basement Full, Concrete
Interior
Interior Features Bathroom With Tub & Shower, Remodeled, Walk-Up Attic, Bathroom with Shower Stall, Living Room, Kitchen, Dining Room
Heating Steam, Natural Gas, Forced Air, Oil, Electric
Cooling None
Flooring Wood, Tile, Vinyl
Appliance Range, Dishwasher, Disposal, Refrigerator
Exterior
Exterior Feature Rain Gutters, Stone Wall
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Utilities Available for Gas Range
Waterfront Description Beach Front,Beach Access,Ocean,Walk to,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)
Roof Type Shingle
Total Parking Spaces 3
Garage No
Building
Story 5
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
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Bought with Joseph Scapicchio • Berkshire Hathaway HomeServices Warren Residential