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$1,100,000
MLS #73235499 - Multi-Family
List Date 5/9/24 # Units 4 Type 4 Family GLA 3,475SF
Sale Date 8/30/24 Rooms 15 Lead Paint Unknown Garage Spaces 0
List Price $1,200,000 Bedrooms 6 Lot Size 4,805SF Parking Spaces 3
Rare opportunity to purchase this well-maintained c.1920 4-Family gem in downtown Beverly. Turnkey investment property with strong cash flow on Side street between Cabot and Rantoul makes you forget how close you are to the vibrant downtown! Only 0.3 mile to Beverly Depot & 0.5 mile to the waterfront. All 4 units feature views of the terraced backyard and mature trees. Recent major upgrades include all new electric service/panels (2018), new gas boiler (2019), new gas water heater, all new gutters, and rebuilt chimneys (2020). With a mixture of appealing 1 and 2 bedroom units, 3-car off-street parking, and coin-op laundry, it’s perfect for the savvy investor or owner-occupier. One of the apartments has a private entrance and deck for privacy. The peaceful backyard is perfect for gardening, barbecuing, games or just sunbathing.

Listing Office: RE/MAX Beacon, Listing Agent: Gary Blattberg

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$3,120,000
MLS #73235436 - Multi-Family
List Date 5/9/24 # Units 9 Type 5+ Family GLA 7,051SF
Sale Date 7/31/24 Rooms 35 Lead Paint Unknown Garage Spaces 0
List Price $2,975,100 Bedrooms 17 Lot Size 17,228SF Parking Spaces 20
All offers due Monday (5/13) by 6 PM. Seller reply by Tuesday (5/14) by 6 PM. Final Group showing by appointment only. Monday (5.13), 10 AM – email Listing Broker if you plan to attend the Group showing. A Beverly Cove investment opportunity not to be missed! The perfect blend of superior location with a strong income stream. Only 2 blocks to Dane St Beach and thriving Downtown Beverly. Less than ¾ mile to Beverly MBTA. Three well-maintained contiguous parcels (combined lot 17,228+- sq ft) with 9 units on desirable Hale Street with 20+- car parking to be sold as a package. Eight nicely appointed 2-bedroom apartments & one 1-bedroom apartment. See separate income & expense statement and breakdown of Leases/TAW's. . Can also be purchased with 12 Highland Ave, Beverly. Another outstanding downtown 4-unit property ($1.2M) and 21 Symonds St, Salem. A strong income producing 3-unit in North Salem ($950K).

Listing Office: RE/MAX Beacon, Listing Agent: Gary Blattberg

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$945,450
MLS #73234987 - Multi-Family
List Date 5/8/24 # Units 3 Type 3 Family GLA 3,363SF
Sale Date 6/28/24 Rooms 14 Lead Paint None Garage Spaces 0
List Price $950,000 Bedrooms 8 Lot Size 2,949SF Parking Spaces 3
Turnkey de-leaded investment property with strong rental income and quality long-term TAW tenants. Spacious Victorian era 3-Family located in convenient North Salem, less than a mile from the Salem MBTA Station and Downtown, and just 2 miles from Rt. 128. Ideal unit mix with two large 5 room / 3 bdrm / 1 bath units and one 4 room / 2 bdrm / 1 bath unit. Tenants pay electric and heat. 1st and 3rd floor units renovated 2019, plus new chimneys and brand new coin-op laundry in basement for extra income. New front roof in 2020, and added 3rd parking space and new hot water heater for unit 2 (paid by tenant). Exterior features low maintenance vinyl siding, replacement windows, a sweet little front porch and fenced-in back yard. Off-street parking for 3 cars.

Listing Office: RE/MAX Beacon, Listing Agent: Gary Blattberg

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