$1,250,000
SOLD APR 16, 2025

122 Bridge St Beverly, MA 01915

Ryal Side Neighborhood
9 Beds
6 Baths
3,654 Sq Ft
6,734 Sq Ft Lot

Recently Sold

$342 Per Sq Ft

14% Below List Price

86 Days on Market

About This Home

As of April 2025

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.

Last Agent to Sell the Property

Sara Pouladian

North Shore Realty Advisors Listed on: 12/04/2024

Co-Listed By

Dan Pouladian

North Shore Realty Advisors

Last Buyer's Agent

Dan Pouladian

North Shore Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,132

Year Built

  • Built in 1920

Lot Details

  • 6,734 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • 3,654 Sq Ft Home
  • Stone Foundation
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Utilities

  • 200+ Amp Service

Listing and Financial Details

  • Total Actual Rent $9,725
  • Assessor Parcel Number M:0009 B:0060 L:,4181197

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Electric Expense $1,611
  • Insurance Expense $4,200
  • Water Sewer Expense $2,426
  • Operating Expense $30,092
  • Net Operating Income $90,067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,132

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1920
  • Levels: 7
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Above Grade Finished Sq Ft: 3654
  • Living Area: 3654
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN7007
  • MAIN SO: AN7007

Exterior Features

  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2426

Lot Info

  • Parcel Number: M:0009 B:0060 L:,4181197
  • Zoning: R10
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6734
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11132

Multi Family

  • Electric Expense: 1611
  • Insurance Expense: 4200
  • Net Operating Income: 90067
  • Number Of Units Total: 6
  • Operating Expense: 30092
  • Total Actual Rent: 9725
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: U
  • LEASE 3: U
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2025 04/16/25 Sold $1,250,000 -3.8% $342 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/18/2025 02/18/25 Price Changed $1,300,000 -5.5% $356 / Sq Ft
02/03/2025 02/03/25 Price Changed $1,375,000 -2.8% $376 / Sq Ft
01/06/2025 01/06/25 Price Changed $1,415,000 -2.4% $387 / Sq Ft
12/04/2024 12/04/24 For Sale $1,450,000 -- $397 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Sara Pouladian

    North Shore Realty Advisors

    (617) 910-6646

    1 in this area

    18 Total Sales

    Sara Pouladian
    Section Image
  • Dan Pouladian

    Seller Co-Listing Agent in 2025

    Dan Pouladian

    North Shore Realty Advisors

    (617) 548-7737

    1 in this area

    27 Total Sales

    Dan Pouladian
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73317306

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Beverly 01915 Ryal Side

122 Bridge St, Beverly, MA

Sold

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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