NOT LISTED FOR SALE
8 Beds
5 Baths
3,666 Sq Ft
8,793 Sq Ft Lot

Last Sold February 21, 2024

Last sale price $1,300,000 $355 Per Sq Ft

150 Days on Market

Highlights

  • Medical Services
  • 5-minute walk to Beverly Depot
  • 2 Fireplaces
  • Property is near public transit
  • Wood Flooring
  • 1-minute walk to Odell Park

About This Home

As of February 2024

Excellent investment oppurtunity knocks for this well maintained 5 unit building in the heart of Beverly. Perfectly located on a quiet side street between Rantoul and Cabot, 1 block from the Beverly Commuter rail stop, and steps to all of Beverly's great restaurants, shops, and bars. This building features five lovely units of varying sizes with wonderful tenants. Plenty of off street parking, a covered back porch, side yard, full basement with separate storage areas for tenants, and coin op washer and dryer that will remain. Blown in isulation installed throughout the building in 2022, Many cosmetic updates have already been done incuding some new kitchens and baths, refinishing of hardwood floors, new bedroom added in 3rd floor unit, and new basement stairs. Group showings will be scheduled for pre-approved buyers. Video tours availabe also!

Last Agent to Sell the Property

Jeanna Alimonti

Clements Realty Group Listed on: 08/22/2023

Last Buyer's Agent

Ted Richard

J. Barrett & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,972

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • 8,793 Sq Ft Lot
  • Near Conservation Area
  • Gentle Sloping Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 3,666 Sq Ft Home
  • 2 Fireplaces
  • Insulated Windows
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 7 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $9,425
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:0005 B:0142 L:,4180428

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Net Operating Income $113,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,972

Year Built

Built in 1905 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Property Condition: Unit 2 Remodeled, Unit 4 Remodeled
  • Year Built: 1905
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Wood,Tile,Laminate,Hardwood, Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 2(Pantry,Bathroom With Tub & Shower), Unit 3(Bathroom with Shower Stall), Unit 4(Pantry,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Washer, Dryer, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator,Dishwasher - ENERGY STAR), Unit 3(Range,Refrigerator), Unit 4(Range,Dishwasher,Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 8
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Washer Hookup
  • Basement: Full
  • Living Area: 3666
  • Spa YN: No
  • Stories Total: 9
  • Window Features: Insulated Windows
  • MAIN LO: C95263
  • LIST PRICE PER Sq Ft: 354.34
  • PRICE PER Sq Ft: 354.61
  • MAIN SO: C95243

Exterior Features

  • Exterior Features: Porch
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0005 B:0142 L:,4180428
  • Zoning: RHD
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8793
  • Lot Size Units: Acres
  • PAGE: 506
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9972
  • Tax Book Number: 39441

Multi Family

  • Gross Income: 113100
  • Net Operating Income: 113100
  • Number Of Units Total: 5
  • Total Actual Rent: 9425
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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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 Change Sq Ft Price
02/21/2024 02/21/24 Sold $1,300,000 +0.1% $355 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $1,299,000 0.0% $354 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
08/22/2023 08/22/23 For Sale $1,299,000 +31.2% $354 / Sq Ft
01/22/2021 01/22/21 Sold $990,000 0.0% $291 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/18/2020 12/18/20 Off Market $990,000 -- --
11/16/2020 11/16/20 For Sale $1,090,000 0.0% $320 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $1,090,000 -- $320 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73150875

MLS Property Information Network (MLS PIN)