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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.

MLS Listing ID: 73235499
Listing Price: $1,200,000
Listing Status: Contingent [?]
Property Type: Multi Family
Bedrooms: 6
Full Baths: 5
Living Space: 3475 sf.
Lot Size: 0.11 acres (4805 sf.)
Parking: Yes
Taxes: $9,473.00
Tax Year: 2024

Listing Current as of July 15, 2024 3:00pm

This listing brought to you by Gary Blattberg of RE/MAX Beacon.

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