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Closed

16 Kernwood Ave, Beverly MA 01915

$749,000

Estimated $1,759.42/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $374,500

Total Rent: 0/year

Estimated CAP Rate: -0.87%

5 Bedrooms

2 Full Baths

2,016 SqFt

Total Parking: 4

6,055 SqFt

Welcome to this multi-family home in the desirable Ryal Side neighborhood. This well maintained two unit property is move-in ready and offers multiple ways to generate income or make it your own residence. With its beautiful hardwood floors throughout, each separate unit has private decks that overlook a big backyard and off-street parking for convenience. This turnkey property will make an excellent investment or great place for you to live with rental income from the second unit. Enjoy all the benefits of an income generating home with more space in beautiful Beverly! Don't miss this incredible opportunity - showings begin Wednesday, March 7.

This home has been viewed 29 times

Last Checked: May 7th, 2024 at 3:11am (Source: MLS PIN #73084793)

Gross Income: $0

Gross Expenses: $6,539

Net Income Calc: $6,539

CAP Rate: -0.87%

Annual Expenses for 16 Kernwood Ave, Beverly MA 01915

Total Gross Expenses (Calculated)$6,539/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,539

Annual Income & Unit Breakdown for 16 Kernwood Ave, Beverly MA 01915

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 16 Kernwood Ave, Beverly MA 01915

Listing ID73084793

Property TypeMulti Family

Price$749,000 ($371.53/SqFt)

StyleMulti Family

CityBeverly

CountyEssex

MLS AreaRyal Side

Neighborhood(s)Ipswich

Approximate Living Area Total2,016 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking4

Garage Parking

Year Built1935

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningR10

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 16 Kernwood Ave, Beverly MA 01915

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 16 Kernwood Ave, Beverly MA 01915

Real Estate Taxes$6,539

Tax Year2023

Assessed Value$580,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.87%

Location Information for 16 Kernwood Ave, Beverly MA 01915

Elementary SchoolAyers

Middle SchoolBeverly Middle

High SchoolBeverly High

Neighborhood(s)Ipswich

MLS AreaRyal Side

Area Amenities

Contact Information for 16 Kernwood Ave, Beverly MA 01915

Agent

Name: Michelle Bettencourt

Office

Name: Nina-Soto Realty, LLC

Phone: 978-594-1292

Payment Calculator

, Interest

Property Taxes 544.92

Principal & Interest 4615.1

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Nina-Soto Realty, LLC

Michelle Bettencourt

Agent Phone

Office Phone

(978) 594-1292

Text Agent Call Agent Call Office

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                )

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                )

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EXIT