NOT LISTED FOR SALE
5 Beds
5 Baths
3,287 Sq Ft
0.31 Acres

Last Sold September 22, 2021

Last sale price $914,500 $278 Per Sq Ft

15 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Wood Flooring
  • Medical Services
  • Property is near public transit and schools
  • Shops

About This Home

As of September 2021

Excellent opportunity for owner occupied or investor. Well cared for 4 Family located in North Beverly. Exceptional parking includes 2 car garage plus numerous paved spaces. Owned by the same family for 70 years. 2 bedrooms on the 1st floor. 2nd and 3rd floors feature 1 bedroom units that are currently vacant. Rents have been below market. Don't miss out on this fantastic opportunity! Showings begin at Open Houses Saturday 7/17 10:30AM-12:00PM and Sunday 7/18 12:30PM-2:00PM by appointment. Please call/text/email to schedule a time.** Masks required in 1st floor** Offers due Tuesday 7/20 by 5:00PM. Include Preapproval/Proof of Funds, copy of 1st deposit and lead form. Allow 48 hours for response.

Last Agent to Sell the Property

Ann Long

Coldwell Banker Realty - Beverly Listed on: 07/15/2021

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Laura Crowell

J. Barrett & Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,611

Year Built

  • Built in 1930

Lot Details

  • 0.31 Acre Lot
  • Waterfront
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,287 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Location

  • Property is near public transit and schools

Utilities

  • No Cooling
  • Heating Available
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,375
  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(heat water hot water)
  • Assessor Parcel Number M:0054 B:0162 L:,4188502

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community

Building Details

  • Electric Expense $200
  • Insurance Expense $2,800
  • Water Sewer Expense $1,430
  • Operating Expense $12,501
  • Net Operating Income $41,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,611

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1930
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 8

Interior Features

  • Flooring: Wood,Tile,Vinyl,Carpet
  • Fireplace YN: No
  • Appliances: Unit 1(Dishwasher,Disposal,Countertop Range,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Unit 3(Range,Disposal,Refrigerator), Unit 4(Range,Disposal,Refrigerator,Washer,Dryer), Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full
  • Living Area: 3287
  • Stories Total: 8
  • MAIN LO: AN6181
  • MAIN SO: C95243

Exterior Features

  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas), Unit 3(Hot Water Radiators,Gas), Unit 4(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Water,Hot Water), Unit 4(Heat,Water,Hot Water)

Fee Information

  • Water Sewer Expenses: 1430

Lot Info

  • Parcel Number: M:0054 B:0162 L:,4188502
  • Zoning: R10
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503.6
  • Lot Size Units: Acres
  • LOT SIZE: 13695

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8611

Multi Family

  • Electric Expense: 200
  • Insurance Expense: 2800
  • Net Operating Income: 41700
  • Number Of Units Total: 4
  • Operating Expense: 12501
  • Total Actual Rent: 1375
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
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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 List to Sale Price per Sq Ft
09/22/2021 09/22/21 Sold $914,500 +2.9% $278 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $889,000 -- $270 / 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 $10,479 $953,500 $377,700 $575,800
2024 $9,648 $859,100 $339,000 $520,100
2023 $9,215 $818,400 $298,300 $520,100
2022 $8,815 $724,300 $261,500 $462,800
2021 $8,611 $678,000 $230,500 $447,500
2020 $8,500 $662,500 $215,000 $447,500
2019 $8,269 $626,000 $197,600 $428,400
2018 $7,367 $541,700 $180,100 $361,600
2017 $6,150 $430,700 $155,000 $275,700
2016 $5,644 $392,200 $135,600 $256,600
2015 $5,534 $392,200 $135,600 $256,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72865878

MLS Property Information Network (MLS PIN)