$1,050,000
SOLD APR 17, 2025
8 Beds
3.5 Baths
2,946 Sq Ft
6,499 Sq Ft Lot

Recently Sold

$356 Per Sq Ft

12% Below List Price

13 Days on Market

Highlights

  • Marina
  • Medical Services
  • Deck
  • Golf Course Community
  • Open Floorplan
  • Property is near public transit and schools

About This Home

As of April 2025

An Investors Delight! This desirable downtown three-family with its 3-3-2-bedroom arrangement should provide a significant opportunity to amplify one’s cap-rate with its vast array of amenities. Highlighting this property find eight (8) plus parking, separate updated electric w/common meter, separate heat systems, separate hot-water systems, three-unit fire-suppression system, separate entrances, laundry in each unit, hardwood floors, low maintenance polished exterior with decks and a private fenced-in yard. Units are spacious and very functional with lots of natural lighting. All this in a convenient downtown location with shopping, business/city offices, acclaimed restaurants, Dane’s Beach, parks and the MBTA rail to Boston and beyond, yet on a quiet off-street from Beverly’s two main drives, Cabot St. and Rantoul St. (Route 1A). Unit 1 has an extra room in basement. Unit 2 has walk-up attic. Sunday Open House, March 2nd from 11AM to 12:30PM.

Last Agent to Sell the Property

Ana Silveira

J. Barrett & Company Listed on: 02/20/2025

Last Buyer's Agent

Kristopher Gergler

J. Barrett & Company

J. Barrett & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,848

Year Built

  • Built in 1880

Lot Details

  • 6,499 Sq Ft Lot
  • Fenced
  • Level Lot
  • Cleared Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,946 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Combination Dining and Living Room
  • Storage
  • Attic

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Shed
  • Rain Gutters

Location

  • Property is near public transit and schools

Schools

  • Briscoe Middle School
  • Beverly High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 7 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Heating System Uses Steam
  • Separate Meters
  • 220 Volts
  • 110 Volts
  • 100 Amp Service
  • High Speed Internet

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Lot 269
  • Assessor Parcel Number 4182157

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Park

Building Details

  • Electric Expense $240
  • Insurance Expense $2,200
  • Water Sewer Expense $2,200
  • Operating Expense $4,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,848

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1880
  • Levels: 4
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Lead Certification Available, Storage, Bathroom With Tub & Shower, Internet Available - Broadband, Walk-Up Attic, Bathroom with Shower Stall, Stone/Granite/Solid Counters, Open Floorplan, Slider, Other, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Range Hood
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry
  • Above Grade Finished Sq Ft: 2946
  • Living Area: 2946
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Box/Bay/Bow Window(s), Insulated Windows, Screens
  • MAIN LO: C95243
  • MAIN SO: AC0756

Exterior Features

  • Exterior Features: Balcony/Deck, Rain Gutters, Other
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Individual, Unit Control, Wall Unit, Electric, Hot Water, Steam, Other
  • Cooling Y N: No
  • Electric: 110 Volts, 220 Volts, Circuit Breakers, 100 Amp Service, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 7
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2200

Lot Info

  • Parcel Number: 4182157
  • Zoning: RHD
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level, Other
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6499
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9848
  • Tax Lot: 269

Multi Family

  • Electric Expense: 240
  • Insurance Expense: 2200
  • Number Of Units Total: 3
  • Operating Expense: 4640
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

MLS Schools

  • High School: Beverly High
  • Middle Or Junior School: Briscoe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Apr 17, 2025
Sold by
Delorey Donald
Bought by
Pasquale Anthony F
Seller's Agent
Ana Silveira
J. Barrett & Company
Buyer's Agent
Kristopher Gergler
J. Barrett & Company
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Views
61
Current Estimated Value
$1,043,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,701
Avg. Annual Appreciation
-0.82%
Original Mortgage
$735,000
Outstanding Balance
$729,039
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$314,260

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jun 15, 2017
Sold by
Deleo Pasquale A
Bought by
Delorey Donald
Seller's Agent
Michelle Geissler
Century 21 Property Central Inc.
Buyer's Agent
Ann Thomeczek
Keller Williams Realty Evolution
List Price
$480,000
Sold Price
$475,000
Premium/Discount to List
-$5,000
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%
Original Mortgage
$331,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2005
Sold by
West James W and West Laurie A
Bought by
Deleo Pasquale A

Purchase Details

Closed on
Nov 30, 1989
Sold by
Sholomith Martin
Bought by
West Man W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $1,050,000 None Available
Quit Claim Deed $1,050,000 None Available
Quit Claim Deed $1,050,000 None Available
Quit Claim Deed $475,000 --
Quit Claim Deed $475,000 --
Deed $465,000 --
Deed $465,000 --
Deed $169,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $735,000 Purchase Money Mortgage
Closed $735,000 Purchase Money Mortgage
Previous Owner $331,000 New Conventional
Previous Owner $347,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2025 04/17/25 Sold $1,050,000 -4.5% $356 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/27/2025 02/27/25 Price Changed $1,100,000 -8.3% $373 / Sq Ft
02/20/2025 02/20/25 For Sale $1,200,000 +152.6% $407 / Sq Ft
06/15/2017 06/15/17 Sold $475,000 -1.0% $184 / Sq Ft View Prior Sale
04/30/2017 04/30/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $480,000 0.0% $186 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $480,000 -- $186 / 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 $9,848 $896,100 $359,900 $536,200
2024 $9,331 $830,900 $294,700 $536,200
2023 $9,019 $801,000 $264,800 $536,200
2022 $8,928 $733,600 $208,900 $524,700
2021 $9,040 $711,800 $199,600 $512,200
2020 $6,393 $629,600 $188,400 $441,200
2019 $6,289 $475,100 $167,900 $307,200
2018 $6,146 $451,900 $164,100 $287,800
2017 $5,963 $417,600 $121,200 $296,400
2016 $5,552 $385,800 $121,200 $264,600
2015 $5,444 $385,800 $121,200 $264,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73336911

MLS Property Information Network (MLS PIN)

APN: BEVE-000020-000291