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$1,450,000
Est. payment /mo
9 Beds
6 Baths
3,654 SqFt
UPDATED:
12/08/2024 08:05 AM
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,654 sqft
Price per Sqft $396
MLS Listing ID 73317306
Bedrooms 9
Full Baths 6
Year Built 1920
Annual Tax Amount $11,132
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Description
This two-story six-family has been in the same ownership for 31 years. The property boasts a rentable square footage of 3,654± SF with a total gross of 5,691± SF. It consists of Three (3) studios, one (1) one-bedroom+den, one (1) two-bedroom, and one (1) three-bedroom unit. The property offers a balcony, coin-op laundry, 8 surface parking spots, and 1 garage. This property offers investors a value-add opportunity with under-market rents within a supply-restrained prime location. The asset is near the Cummings Center, Lahey Medical, and Beverly Depot, with various transportation options and accessibility to all major thoroughfares.
Location
State MA
County Essex
Zoning R10
Direction Use GPS as bridge is closed
Exterior
Garage Spaces 1.0
Waterfront Description Beach Front,1/2 to 1 Mile To Beach
Total Parking Spaces 8
Garage Yes
Waterfront Description Beach Front,1/2 to 1 Mile To Beach
Building
Lot Description Corner Lot
Story 7
Foundation Concrete Perimeter, Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by North Shore Realty Advisors
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Larry Gallagher
Broker, Sales Manager | MA Lic#3005
Broker, Sales Manager MA Lic#3005