Unit Information
Welcome to this 5 unit multifamily opportunity in Beverly with strong in-place income. This well maintained 1915 property offers 5 units across 3 floors, totaling approx. 4,830 SF, 7 bedrooms, and 6 baths. Current rents total $10,725/month ($129,700 gross annual income). The units offer a spacious first floor 3 bedroom, 2 bathroom newly renovated unit complete with remodeled finishes, plus four additional 1 bedroom units. Many units feature hardwood floors, tile baths, and updated kitchens with upgraded cabinetry and countertops. Gas-fired hot water radiator heat, full unfinished basement, and a paved drive with off-street parking are available. Coin operated laundry in building. Conveniently located in the heart of Beverly, with proximity to public transportation, shopping, parks, schools, major routes, and Beverly’s coastline. Excellent option for investors seeking cash flow in a high-demand North Shore rental market.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5+ Family - 5+ Units Up/Down
- Zip Code: 01915
- Levels: 5
- Parking
- Garage Capacity: 7
- Parking: Paved Drive, Off Street
- Parking Spaces: 7
- Rooms and Dimensions
- Total Units: 5
- Total Floors: 5
- Total Rooms: 18
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$1,475,000
- Listing ID: 73472044
- Bedrooms: 7
- Full Baths: 6
- Living Area: 4,830 sqft Convert
- Lot Size: 5,462 sqft Convert
- Acres: 0.13
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |