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Key Details
Sold Price $915,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,482 sqft
Price per Sqft $262
MLS Listing ID 73269882
Sold Date 08/30/24
Bedrooms 6
Full Baths 3
Year Built 1800
Annual Tax Amount $8,102
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Property Description
This prime Downtown Beverly 3-story oversized three-family has been well maintained and numerous improvements have been made to the property. The property boasts a rentable square footage of 3,482± with a total gross of 4,998± SF. The property consists of two (2) three-bedroom units and one (1) two-bedroom unit all floor through with open floor plans. The property offers tenants coin-op laundry facilities, as well as one (1) surface parking spot and one (1) attached garage for additional income. Each unit is separately metered for gas heat /hot water with three newly installed hot water tanks in 2022 as well as separate electric meters. This property offers investors a value-add opportunity with under-market rents currently in place within a supply constrained prime location.
Location
State MA
County Essex
Zoning CC
Direction On the corner of Rantoul and Home
Rooms
Basement Full
Exterior
Garage Spaces 1.0
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station
Waterfront Description Beach Front,Harbor,Ocean,1/10 to 3/10 To Beach
Total Parking Spaces 2
Garage Yes
Building
Lot Description Corner Lot
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Sara Pouladian • North Shore Realty Advisors