$1,160,000
SOLD AUG 29, 2024
8 Beds
3 Baths
4,195 Sq Ft
9,060 Sq Ft Lot

Recently Sold

$277 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Jogging Path
  • Property is near public transit
  • 2 Fireplaces
  • Porch

About This Home

As of August 2024

Massive 3 family with oversized garage in the heart of Beverly, situated between Dane St Beach and Cabot St! This large 15 room Victorian style 3 family features spacious 2+ bed units with stunning hardwood floors, in-unit laundry and beautiful period charm & detail. Huge 2+ car garage with storage space above, new roof and siding allows for extra rental income opportunity. Extra storage available in basement. All utilities separated. Gas heat and hot water. Level lot with marked off-street parking and yard for entertaining. Amazing location! Short distance to downtown Beverly restaurants, shopping, commuter rail, Lynch Park and Dane St & Rice Beaches. Condo Conversion Opportunity. Come take advantage of the great investment opportunity or owner-occupied while renting out the other units. Come see this beautiful 3 family while it lasts!

Last Agent to Sell the Property

Mark Pitzi

Coldwell Banker Realty - Beverly Listed on: 05/15/2024

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Joe Firicano

Boston Hub Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,081

Year Built

  • Built in 1860

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 4,195 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • 2 Fireplaces
  • Window Screens
  • Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Basement

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

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Porch
  • 9,060 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $7,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 4182396

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Net Operating Income $90,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,081

Year Built

Built in 1860

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1860
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Storage, Crown Molding, Living Room, Kitchen
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 4195
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Box/Bay/Bow Window(s), Screens
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 284.86
  • PRICE PER Sq Ft: 276.52
  • MAIN SO: NB2825

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle, Slate
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air, Natural Gas, Baseboard
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4182396
  • Zoning: R6
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9060
  • Lot Size Units: Acres
  • PAGE: 203
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11081
  • Tax Book Number: 39651

Multi Family

  • Gross Income: 90000
  • Net Operating Income: 90000
  • Number Of Units Total: 3
  • Total Actual Rent: 7500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2008
Sold by
Cucchiaro Ft and Cucchiaro
Bought by
Whalen Michael P
Current Estimated Value
$1,182,575

Purchase Details

Closed on
Jul 31, 2007
Sold by
Cucchiaro Ft and Cucchiaro
Bought by
Whalen Michael P and Whalen Rosalie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2003
Sold by
Cucchiaro Helen M and Cucchiaro Joseph J
Bought by
Cucchiaro Ft
Source: Public Records

Range of Values:

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Average Value
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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
Deed -- --
Deed $400,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $805,000 Purchase Money Mortgage
Closed $805,000 Purchase Money Mortgage
Closed $641,250 Purchase Money Mortgage
Previous Owner $280,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $1,160,000 -2.9% $277 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $1,195,000 -- $285 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $11,260 $1,024,600 $491,600 $533,000
2024 $11,081 $986,700 $453,700 $533,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73237852

MLS Property Information Network (MLS PIN)

APN: BEVE-000011-000509