NOT LISTED FOR SALE

5 Knowlton St Beverly, MA 01915

Downtown Beverly Neighborhood

6 Beds

6 Baths

4,325 Sq Ft

10,019 Sq Ft Lot

Last sale price $1,220,000 $282 Per Sq Ft

14 Days on Market

About This Home

As of October 2017

This fantastic downtown property has so much to offer! In the heart of Beverly located off of Cabot Street and near the Montserrat College of Art is this 6 one bedroom unit property with land that could be used for expansion and additional income potential. It's location makes this property an extremely rare opportunity for investors who would like to own income generating real estate in Beverly. Diligently and well maintained with hardwood floors. Ample off street parking, common furnace provides heat to all units which is included in the rent. Separately metered gas and electric for each unit. Expenses noted below are approximate costs. The 9,818 sq. ft. parcel of land is located in the Central Business District for zoning and may possibly be sub-divided depending on the intended use. Group showings to be on Sunday, August 13th from 11am-1:00pm and Monday, August 14th from 11:00am-1:00pm. **All offers (if any) to be submitted by Tuesday, August 15th at 5:00pm**

Last Agent to Sell the Property

Paula Polo-Filias

J. Barrett & Company Listed on: 08/02/2017

Last Buyer's Agent

Paula Polo-Filias

J. Barrett & Company Listed on: 08/02/2017

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

10,019 Sq Ft Lot

Listing Details

Lot Description: Paved Drive, Additional Land Avail., Shared Drive, City View(s)
Property Type: Multi-family
Other Agent: 1.00
Lead Paint: Unknown
Year Round: Yes
Insc: 4000
Year Built Description: Actual
Special Features: None
Property Sub Type: MultiFamily
Stories: 13
Year Built: 1900

Interior Features

Has Basement: Yes
Number of Rooms: 15
Amenities: Public Transportation, Shopping, Park, Laundromat, House of Worship, T-Station, Other (See Remarks)
Electric: Individually Metered
Energy: Storm Windows
Flooring: Wood, Vinyl
Basement: Full, Walk Out, Interior Access, Dirt Floor, Concrete Floor
Full Bathrooms: 6
Total Levels: 13
Main Lo: C95243
Main So: C95243
Estimated Sq Ft: 4325.00

Exterior Features

Frontage: 106.00
Construction: Frame
Exterior: Aluminum
Exterior Features: Gutters, Screens
Foundation: Granite
Beach: Ocean
Beach Ownership: Public

Garage/Parking

Parking: Off-Street, Paved Driveway
Parking Spaces: 6

Utilities

Heat Zones: 6
Hot Water: Oil
Utility Connections: for Gas Range
Sewer: City/Town Sewer
Water: City/Town Water
Electric: 650

Condo/Co-op/Association

Total Units: 6

Lot Info

Zoning: CC
Acre: 0.23
Lot Size: 9818.00

Multi Family

APOD Available: Yes
Expenses Year End: 12/16
Heat Units: 1
Total Bedrooms: 6
Total Floors: 9
Total Full Baths: 6
Total Levels: 3
Total Rms: 18
Total Rent_1: 5700
Multi Family Type: 5-9 Family

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Property History

Date	Event	Price	List to Sale	Price per Sq Ft
10/23/2017 10/23/17	Sold	$1,220,000	+10.9%	$282 / Sq Ft
08/16/2017 08/16/17	Pending	--	--	--
08/02/2017 08/02/17	For Sale	$1,100,000	--	$254 / 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	$13,339	$1,213,700	$366,300	$847,400
2024	$12,489	$1,112,100	$299,900	$812,200
2023	$12,180	$1,081,700	$269,500	$812,200
2022	$11,401	$936,800	$212,600	$724,200
2021	$11,480	$903,900	$203,100	$700,800
2020	$12,169	$892,500	$191,700	$700,800
2019	$11,127	$842,300	$170,800	$671,500
2018	$9,304	$684,100	$167,000	$517,100
2017	$7,434	$520,600	$123,400	$397,200
2016	$7,107	$493,900	$123,400	$370,500
2015	$6,969	$493,900	$123,400	$370,500

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2017

Paula Polo-Filias

J. Barrett & Company

(978) 479-0157

2 in this area

106 Total Sales

Paula Polo-Filias

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72207391

Massachusetts Essex County Beverly 01915 Downtown Beverly

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