5 Charles St Beverly, MA 01915
Gloucester Crossing NeighborhoodEstimated Value: $1,036,047 - $1,103,000
9
Beds
3
Baths
4,371
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit
- Shops
- Waterfront
- Jogging Path
- 3-minute walk to Holcroft Park
About This Home
As of June 2022Great location right off of Cabot Street in downtown Beverly and ready for an owner occupied or investor to reap the rewards. Inventory is low, this property could provide the ability to increase rents through strategic renovations and stabilization. Here is your chance to buy a classic triple decker with floor through apartments and private balconies in the front and rear of the building. The units consist of hardwood floors throughout, living room, dining room, eat-in kitchen, and three (3) good size bedrooms and 1 bathroom. Tenants are responsible for their own separately metered utilities. Apartment #1 has an increase 7/1/22 to $2,250.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,195
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
- Waterfront
- Level Lot
Interior Spaces
- 4,371 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Parking
- 3 Car Parking Spaces
- On-Street Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $5,900
- Assessor Parcel Number M:0030 B:0169 L:,4185590
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Jogging Path
Building Details
- Insurance Expense $2,260
- Water Sewer Expense $3,384
- Operating Expense $5,644
- Net Operating Income $56,961
Similar Home in Beverly, MA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2022 06/02/22 | Sold | $955,000 | +0.5% | $218 / Sq Ft |
| 04/23/2022 04/23/22 | Pending | -- | -- | -- |
| 04/20/2022 04/20/22 | For Sale | $950,000 | -- | $217 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,696 | $882,300 | $354,800 | $527,500 |
| 2024 | $9,186 | $818,000 | $290,500 | $527,500 |
| 2023 | $8,339 | $740,600 | $261,100 | $479,500 |
| 2022 | $8,195 | $673,400 | $205,900 | $467,500 |
| 2021 | $8,435 | $664,200 | $196,700 | $467,500 |
| 2020 | $7,370 | $574,400 | $185,700 | $388,700 |
| 2019 | $7,194 | $544,600 | $165,500 | $379,100 |
| 2018 | $6,593 | $484,800 | $161,800 | $323,000 |
| 2017 | $5,673 | $397,300 | $119,500 | $277,800 |
| 2016 | $5,344 | $371,400 | $119,500 | $251,900 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Pouladian
Seller's Agent in 2022
Dan Pouladian
North Shore Realty Advisors
(617) 548-7737
2 in this area
28 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72968974
APN: BEVE M:0071 B:0009 L:
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