Multi-Family
$638,500
Price
3
Units
2,950
Approx. GLA
Great opportunity to own this legal 3 unit mixed use building located on a corner lot with high visibility and convenient location to highway, schools, commuter rail, parks and all that Beverly has to offer. This 3 unit building consists of 2 commercial units on the first floor and a residential unit on the second floor. The building is zoned commercial per the Beverly building code.There is 2950 sf of living space with the majority on the first floor. The two units could converted to residential units as there is a flexible floor plan with multiple exits and entrance points. Each unit has a separate heating system and separate electrical system. Each unit has an area in the basement for storage. There is approximately 9 car parking off street along with a partially fenced in area. Owner currently occupies one of the first floor units and will need to remain in the building until July 1, 2021.Owner will pay 1400 per month until vacating. 1st floor and basement can be shown any day.
Highlights
Terms:
Contract for Deed
Basement Features:
Full, Interior Access, Concrete Floor, Unfinished Basement, Exterior Access
List Price:
$638,500
Type:
Multi-Family
Multi-Family Type:
3 Family
Status:
Active
Beds:
3
Baths:
3
Half Baths:
2
Units:
3
Year Built:
1920
Approx. GLA:
2,950
MLS#:
72783439
Interior
Basement:
Yes
Cooling Units:
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Cooling Zones:
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Electricity Cost:
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Electric Features:
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Heating Units:
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Heating Zones:
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Flooring:
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Energy:
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Fireplaces:
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Hot Water:
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Rooms:
11
Green Certification:
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Lead Paint:
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Total Floors:
2
UFFI:
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Exterior
Water:
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Facing:
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Acres:
0.16
Lot Size:
6,780.00
Lot Description:
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Foundation:
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Foundation Size:
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Waterfront:
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Waterview Feat.:
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Garage Spaces:
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Parking Spaces:
10
Parking Features:
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Road Type:
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Color:
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Construction:
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Roof Material:
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Utility:
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Exterior:
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Exterior Features:
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Sewer/Water:
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Water:
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Water:
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Sewage District:
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Taxes
Short Sale Lender Approval:
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Title 5:
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Lender Owned:
No
APOD Available:
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Assessed Price:
$675,200
Taxes:
$16,785
Tax Year:
2021
Book/Page:
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Zoning:
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Warranty Available:
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School
Grade School:
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Middle School:
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High School:
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Beach
Beach:
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Miles to Beach:
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Beach Description:
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Beach Ownership:
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Expenses
Expenses Source:
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Gross Income:
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Gross Expenses:
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Total Rent:
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Net Income:
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Gas Cost:
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Heat Cost:
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Insurance Cost:
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Management Cost:
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Refuse Cost:
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R&M Cost:
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Sewer Cost:
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Water Cost:
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Misc. Cost:
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Additional
Amenities:
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Exclusions:
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Disclosure Declaration:
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Disclosure:
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Units
| Total Rooms | Bedrooms | Fireplaces | Floors | Full Baths | Half Baths | Lease | Levels | Rent | |
|---|---|---|---|---|---|---|---|---|---|
| Unit 1 | 6 | 1 | 0 | 1 | 2 | 1 | No | 2 | $1,400 |
| Unit 2 | 1 | 0 | 0 | 1 | 0 | 1 | No | 1 | $975 |
| Unit 3 | 4 | 2 | 0 | 2 | 1 | 0 | No | 1 | $1,000 |
Units Extras
Unit
1
Cooling:
Window AC
Heating:
Hot Water Baseboard, Gas, Individual
Interior:
Bathroom with Shower Stall, Bathroom With Tub & Shower, Hardwood Floors, Wall to Wall Carpet, Security System, Storage
Rooms:
Other (See Remarks), Living RM/Dining RM Combo, Office/Den
Unit
2
Rent Includes:
Water
Cooling:
Window AC
Heating:
Hot Water Baseboard, Gas
Interior:
Open Floor Plan, Hardwood Floors, Cable TV Available, Storage
Rooms:
Living RM/Dining RM Combo, Office/Den
Unit
3
Rent Includes:
Water
Applicances:
Washer & Dryer Hookup, Range, Refrigerator
Heating:
Steam, Oil
Interior:
Bathroom With Tub & Shower, Storage
Rooms:
Kitchen, Office/Den
Common
Rooms:
Laundry
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The listing office is Lux Realty North Shore and the listing agent is Team Cotraro - Mike & Mary. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.