Address
15 River Street, Beverly, MA
Price
$ 1,800,000
Property Attributes
  • MLS#73222114
  • TypeMulti-Family
  • CountyESSEX
  • CityBeverly
  • Zip01915
  • Style3 Family
  • Year Built1880
  • Taxes$ 12913
  • Price$ 1,800,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3918
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Welcome to a rare and versatile mixed-use property in the heart of Beverly, MA, offering an auto repair shop with a three-bay garage alongside a charming multi-family home featuring three distinct units. This property is ideally located near major highways, providing convenient access for both business operations and residential living. This mixed-use property presents a unique opportunity to capitalize on dual income streams. Whether you're a seasoned investor or aspiring entrepreneur, don't miss out on the potential that this property offers. Start your journey towards business success and residential prosperity in this sought-after location.

Price History
4/10/2024 Listed $1,800,000

General Features

Interior Features Bathroom With Tub & Shower,Bathroom with Shower Stall,Living Room,Kitchen
Sewer Public Sewer
Heating Forced Air,Natural Gas,Ductless
Cooling None
Utilities for Gas Range,for Electric Dryer,Washer Hookup
Roof Shingle
Exterior Features Rain Gutters
Zoning IG
Construction Materials Frame
Year Built 1880
Electric Circuit Breakers,200+ Amp Service
Property SubType 3 Family
Tax Year 2024
Gross Income 63600
Community Features Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Public School,T-Station
County Essex
Net Operating Income 63600
Property Type Residential Income
Garage Y/N No
Rent Includes Unit 1(Heat,Electric,Hot Water),Unit 2(Heat,Electric,Hot Water),Unit 3(Heat,Electric,Hot Water)
Total Rooms 8
Status Active
Directions School St to River Street
City Beverly
Disclosures Buyers and buyers agents to perform due diligence. Some photos may be virtually enhanced. No equipment from auto repair shop is being conveyed with the sale. All appliances in all 3 units to be conve
Senior Community Y/N No
Total Units 3
Lot Size Square Feet 0.15
Waterfront Y/N No
Street Name River Street
Year Built Details Approximate
Tax Annual Amount 12913.88
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Owner
Tax Assessed Value 588600
Total Actual Rent 5300
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Interior Entry,Concrete,Unfinished
Flooring Vinyl,Carpet,Wood
Total Stories 4
Air Conditioning Y/N No
Heating Y/N Yes
Window Features Insulated Windows
Fireplace Y/N No
Full Baths 3
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 4
Total Baths 3

Exterior Features

Parking Features Paved
Lot Features Level
Water Source Public
Total Parking 6
Foundation Details Stone
Spa No
Building Area Total 3918
Road Surface Type Paved
Lot Size Units Acres
Door Features Insulated Doors
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01915

Price
AVG $1.5M
$1.8M
Taxes
AVG $10,576
$12,913
Visits
AVG 96
105
Data Provided by Inside Real Estate®
Year Built
AVG 1895
1880

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