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Expired

233 Dodge St, Beverly MA 01915

$1,199,000

Estimated $2,922/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $599,500

Total Rent: 81600/year

Estimated CAP Rate:

7 Bedrooms

Baths

4500

Total Parking: 8

51,020 (1.17)

Not your average multi-family! Come imagine the many possibilities for these 2 separate residences joined by one exterior wall in an L-shaped compound on over a 1-acre lot near Norwood Pond. Bring in your extended family for multi-generational living, with in-law bedrooms in the walk-out lower level. Consider condo conversion or use as an AirB&B for short or mid-term rental, or simply enjoy the benefits of 2 income properties. Both updated units offer private indoor & outdoor living & yard space. Original Greek Revival style unit (3 Bed/2 Bath) blends beautifully w/ the 2nd-unit addition (4-5 Bed/2.5 bath) which boasts cathedral ceilings, sunroom, open concept living area, brick fireplace, hardwood floor, & all the modern amenities. 2020 heating system, 2021 MassSave full insulation. This is a solid investment opportunity located in desirable North Beverly w/ convenient access to North Beverly MBTA & route 128/95. There's so much to offer, don't miss out on this incredible opportunity!

This home has been viewed 40 times

Last Checked: May 7th, 2024 at 4:50am (Source: MLS PIN #73062302)

Gross Income: $81,600

Gross Expenses: $11,735

Net Income Calc: $69,865

Water Views

Annual Expenses for 233 Dodge St, Beverly MA 01915

Total Gross Expenses (Calculated)$11,735/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11735.5

Annual Income & Unit Breakdown for 233 Dodge St, Beverly MA 01915

Total Gross Income (Calculated)$81,600

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit3

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

Rent Includes

General Information for 233 Dodge St, Beverly MA 01915

Listing ID73062302

Property TypeMulti Family / 2 Family

Price1199000 ($266.44/SqFt)

Style2 Family - 2 Units Side By Side

CityBeverly

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total4500

Approximate Lot Size (Acres)1.17

Total Parking8

Garage Parking0

Year Built1938

Year Built SourcePublic Records

Year Built DetailsRenovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR45

Water ViewsYes

Water Views FeaturesBay

Waterfront FeaturesRiver

Terms

Disclosures for 233 Dodge St, Beverly MA 01915

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsAll Personal Property.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5%

Facilitator Compensation2%

Compensation Based OnNet Sale Price

Financial Information for 233 Dodge St, Beverly MA 01915

Real Estate Taxes11735.5

Tax Year2022

Assessed Value$964,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 233 Dodge St, Beverly MA 01915

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 233 Dodge St, Beverly MA 01915

Agent

Name: Justine Lin

Office

Name: Cameron Prestige, LLC

Phone: 857-331-5127

Payment Calculator

, Interest

Property Taxes 977.96

Principal & Interest 7387.86

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cameron Prestige, LLC

Justine Lin

Agent Phone

Office Phone

(857) 331-5127

Text Agent Call Agent Call Office

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    [description] => Not your average multi-family! Come imagine the many possibilities for these 2 separate residences joined by one exterior wall in an L-shaped compound on over a 1-acre lot near Norwood Pond. Bring in your extended family for multi-generational living, with in-law bedrooms in the walk-out lower level. Consider condo conversion or use as an AirB&B for short or mid-term rental, or simply enjoy the benefits of 2 income properties. Both updated units offer private indoor & outdoor living & yard space. Original Greek Revival style unit (3 Bed/2 Bath) blends beautifully w/ the 2nd-unit addition (4-5 Bed/2.5 bath) which boasts cathedral ceilings, sunroom, open concept living area, brick fireplace, hardwood floor, & all the modern amenities. 2020 heating system, 2021 MassSave full insulation. This is a solid investment opportunity located in desirable North Beverly w/ convenient access to North Beverly MBTA & route 128/95. There's so much to offer, don't miss out on this incredible opportunity!
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    [unparsed] => 233 Dodge St, Beverly MA 01915
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EXIT

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