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31 Federal St, Beverly MA 01915

$749,000

Estimated $1,771/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $374,500

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

2701

Total Parking: 6 (2 Garage)

4,956 (0.11)

You will be hard pressed to find a better location for owning a versatile 2 family property, than this one located just outside of Beverly's vibrant downtown, with convenient access to the commuter rail. Multi-family properties offer various options for use, giving the seller so many more opportunities. Looking to live in one unit and rent out the other? Well this one is perfect as the top unit offers 3-4 bedrooms on 2 floors, with attic and basement access for storage. Use the entire 2 car garage for yourself or include it with your rental, at an added monthly cost. Looking for a true income property? Well this property has separate laundry, electric and many convenient bonuses such as walk in pantries, separate dining and tons of elegant original wood work. Well maintained income properties like this don't come along often, so come check out 31 Federal Street this weekend! Property will be delivered vacant. Showings will begin at OH Fri 3/31 5-6:30, Sat 11-12:30pm & Sun 12-1:30.

This home has been viewed 43 times

Last Checked: May 7th, 2024 at 5:01am (Source: MLS PIN #73092640)

Gross Income: $0

Gross Expenses: $6,679

Net Income Calc: $6,679

Annual Expenses for 31 Federal St, Beverly MA 01915

Total Gross Expenses (Calculated)$6,679/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6679

Annual Income & Unit Breakdown for 31 Federal St, Beverly MA 01915

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 31 Federal St, Beverly MA 01915

Listing ID73092640

Property TypeMulti Family

Price749000 ($277.3/SqFt)

StyleMulti Family

CityBeverly

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2701

Approximate Lot Size (Acres)0.11

Total Parking6 (2 Garage)

Garage Parking2

Year Built1911

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRHD

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 31 Federal St, Beverly MA 01915

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

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

Facilitator Compensation2

Compensation Based OnNet Sale Price

Financial Information for 31 Federal St, Beverly MA 01915

Real Estate Taxes6679

Tax Year2023

Assessed Value$593,200

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 31 Federal St, Beverly MA 01915

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 31 Federal St, Beverly MA 01915

Agent

Name: Nick Motsis

Office

Name: Stone Ridge Properties, Inc.

Phone: 978-463-4322

Payment Calculator

, Interest

Property Taxes 556.58

Principal & Interest 4615.1

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Stone Ridge Properties, Inc.

Nick Motsis

Agent Phone

Office Phone

(978) 463-4322

Text Agent Call Agent Call Office

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    [unparsed] => 31 Federal St, Beverly MA 01915
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EXIT

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