NOT LISTED FOR SALE

Estimated Value: $963,000 - $1,374,000

5 Beds
3.5 Baths
3,318 Sq Ft
$371/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $1,130,000 $341 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,455/month

10 Days on Market

Highlights

  • City View
  • Deck
  • Wood Flooring
  • Waterfront
  • Property is near public transit and schools
  • 4-minute walk to Dix Park

About This Home

As of April 2022

**Please do not disturb tenants** Summer is just around the corner, don't wait to see this rare to the market 3-family in the heart of the Beverly Farms Village. Fully renovated down to the studs in 2016, this is a fantastic opportunity to own a beautiful multi family close to the train and West Beach. All units have hardwood floors, an open concept floor plan, in-unit laundry, bonus storage in the basement, and one off-street parking spot. Unit 1: 2 beds/1 bath, & exclusive use of the front porch. Unit 2: 2 beds/1.5 baths, a study, & an oversized front deck. Unit 3: 1 bed/1 bath, & exclusive use of the extremely low maintenance yard. All the big-ticket items have been done just 6 short years ago; NEW gas heating systems, NEW electrical, NEW hot water tanks, NEW appliances, NEW roof, NEW exterior, etc., all for your worry-free purchase! All units are currently rented.

Last Agent to Sell the Property

Henry Pizzo

Aluxety Listed on: 03/08/2022

Last Buyer's Agent

Mike Cotraro

Aluxety

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,842

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 2,614 Sq Ft Lot
  • Waterfront
  • Corner Lot
  • Level Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,318 Sq Ft Home
  • Crown Molding
  • Skylights
  • Sliding Doors
  • Storage
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Bulkhead
  • Balcony
  • Deck
  • Porch

Location

  • Property is near public transit and schools

Schools

  • Beverly Elementary And Middle School
  • Beverly High School

Utilities

  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $7,125
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0049 B:0138 L:,4187736

Community Details

Overview

  • 3 Units
  • Near Conservation Area
  • Property has 1 Level

Recreation

  • Tennis Courts
  • Park

Additional Features

  • Shops
  • Net Operating Income $85,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,842

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Property Condition: Updated/Remodeled
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Hardwood, Hardwood Floors, Stone/Ceramic Tile Floor, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Storage, Crown Molding, Stone/Granite/Solid Counters, Slider, Other (See Remarks), Unit 1(Open Floor Plan), Unit 2(Stone/Granite/Solid Counters,Open Floor Plan), Unit 3(Open Floor Plan), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo,Office/Den), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo,Office/Den)
  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Unit 1(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Unit 3(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup, Unit 2 Laundry Room, Unit 3 Laundry Room
  • Basement: Full, Interior Entry, Bulkhead, Unfinished
  • Living Area: 3318
  • Stories Total: 6
  • Window Features: Skylight(s)
  • MAIN LO: AN1532
  • MAIN SO: AN1532

Exterior Features

  • Exterior Features: Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: City View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, Direct Access, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Association)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:0049 B:0138 L:,4187736
  • Zoning: R6
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Easements, Level
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2613.6
  • Lot Size Units: Acres
  • LOT SIZE: 2725

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10842

Multi Family

  • Net Operating Income: 85500
  • Number Of Units Total: 3
  • Total Actual Rent: 7125
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

MLS Schools

  • High School: Beverly
  • Elementary School: Beverly
  • Middle Or Junior School: Beverly

Range of Values:

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Value Increase
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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 Prior Sale
04/29/2022 04/29/22 Sold $1,130,000 +15.9% $341 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $975,000 +132.1% $294 / Sq Ft
07/01/2015 07/01/15 Sold $420,000 -1.2% $156 / Sq Ft View Prior Sale
06/01/2015 06/01/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $425,000 -- $158 / 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 $12,229 $1,112,700 $475,100 $637,600
2024 $12,085 $1,076,100 $438,500 $637,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72949994

MLS Property Information Network (MLS PIN)

APN: BEVE-000049-000138