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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,238 sqft
Price per Sqft $379
MLS Listing ID 73475525
Sold Date 03/31/26
Bedrooms 6
Full Baths 3
Year Built 1918
Annual Tax Amount $7,875
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 3 Family
Property Description
Well-located three-family home in the heart of Beverly, offering strong income potential and long-term upside. Each unit features 2 beds and 1 full bath, making this property highly desirable in today's rental market. The 2nd floor unit is vacant and easy to show, providing an excellent opportunity for an owner-occupant or immediate rental at market value. The 1st & 3rd fl units are currently rented below market, creating clear value-add potential through future rent adjustments.Additional highlights include off-street parking, a large, usable backyard, and a dry basement ideal for storage. Tenants and owners alike will appreciate the property's convenient location close to downtown, the MBTA commuter rail, local shops and restaurants, and Beverly's beautiful beaches.Whether you're looking to live in one unit while generating rental income, or seeking a solid multifamily investment property on the North Shore, this three-family checks all the boxes; location, flexibility & upside!
Location
State MA
County Essex
Zoning RHD
Direction Rte. 62 (Elliott St) to Chase St.
Rooms
Basement Full, Interior Entry
Interior
Interior Features Pantry, Storage, Bathroom With Tub & Shower, Bathroom with Shower Stall, Kitchen, Living RM/Dining RM Combo, Living Room
Heating Natural Gas, Individual
Cooling None
Flooring Tile, Vinyl, Carpet
Appliance Range, Refrigerator
Exterior
Community Features Public Transportation, Shopping, T-Station
Utilities Available for Gas Range
Roof Type Shingle
Total Parking Spaces 3
Garage No
Building
Lot Description Other
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Justin Repp • Keller Williams Realty Evolution
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