NOT LISTED FOR SALE

Estimated Value: $780,000 - $954,000

4 Beds
2 Baths
2,304 Sq Ft
$373/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $705,000 $306 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,958/month

7 Days on Market

About This Home

As of April 2023

VERY high rents, PERFECT location and GREAT floor plans.  Monthly rents: $5038 with potential to increase! (ALL SEPARATE SYSTEMS) Perfectly located 2 family in downtown Beverly, just steps to Cabot St. shops, cafes, the beach and train. Well laid-out, flexible floorplans; each unit can be configured as 2 private bedrooms, or 3 bedrooms with walk-through bedroom. Featuring large eat- in kitchens, nice light throughout, hardwood floors and VERY strong rents at $2519/unit!  Both apartments offer private laundry, off-street parking & storage in the basement.  Perfect to hold, condo- convert (buyer to do due diligence), or live in one unit and let the other pay over half your mortgage.  Units are both occupied, so no private showings until open house:

Last Agent to Sell the Property

Jeremy McElwain

Coldwell Banker Realty - Manchester Listed on: 03/27/2023

Coldwell Banker Realty - Manchester

Last Buyer's Agent

Jaclyn Kryzak

Labrava Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,370

Year Built

  • Built in 1850

Lot Details

  • 3,640 Sq Ft Lot

Interior Spaces

  • 2,304 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $5,038
  • Assessor Parcel Number M:0011 B:0284 L:,4182172

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,000
  • Net Operating Income $54,456

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,370

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1850
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2304
  • Stories Total: 3
  • MAIN LO: C95098
  • MAIN SO: AN5443

Exterior Features

  • Foundation Details: Other
  • Waterfront Features: Beach Front, Harbor, 3/10 to 1/2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: M:0011 B:0284 L:,4182172
  • Zoning: RHD
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3640
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6370

Multi Family

  • Net Operating Income: 54456
  • Number Of Units Total: 2
  • Operating Expense: 6000
  • Total Actual Rent: 5038
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2018
Sold by
Alongi Brian and Alongi Francis P
Bought by
Alongi Brian and Alongi Stephen
Current Estimated Value
$834,686

Purchase Details

Closed on
May 21, 2018
Sold by
Alongi Brian and Alongi Stephen
Bought by
Alongi Brian and Alongi Francis P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Alongi Brian -- --
Alongi Brian -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2023 04/21/23 Sold $705,000 +8.5% $306 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $650,000 -- $282 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,433 $676,300 $354,400 $321,900
2024 $6,874 $612,100 $290,200 $321,900
2023 $6,370 $565,700 $260,800 $304,900
2022 $6,214 $510,600 $205,700 $304,900
2021 $6,002 $472,600 $196,500 $276,100
2020 $5,863 $457,000 $185,500 $271,500
2019 $5,249 $409,600 $165,300 $244,300
2018 $5,081 $373,600 $160,200 $213,400
2017 $4,828 $338,100 $118,300 $219,800
2016 $4,480 $311,300 $118,300 $193,000
2015 $4,560 $323,200 $118,300 $204,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73091600

MLS Property Information Network (MLS PIN)

APN: BEVE M:0011 B:0092 L: