ATTN: DEVELOPERS/BUILDERS/INVESTORS - Here is your next project! Located in an DESIGNATED OZ (OPPORTUNITY ZONE) This RHD zoned downtown Beverly lot has an existing small Single Family home that can be removed to allow for the development of up to 6 residential apartments or condos. Seller has conceptual plans of a 3-story building that would allow for 12 parking spaces on ground level and 2 levels of living above with optional rooftop decks attached to top-floor units which would provide partial ocean views per seller / drone footage! ~7783 sq ft GFA. Plan should meet all required zoning regulations & setbacks so no need for zoning relief or variances. Buyer can determine whatever unit mix/layouts, exterior finishes & design they wish. Zoning requires 2 parking spots / unit so up to 6 units would be allowed by right here. Seller will work with buyer & have architect supply floor plans if desired. Amazing downtown Beverly location: steps to dining, shopping, festivals, 3 mins to beach.
This home has been viewed 91 times
Last Checked: September 9th, 2025 at 4:29am (Source: MLS PIN #73396708)
General Information for 46 Federal St, Beverly MA 01915
Listing ID73396708
Price$899,000
Land TypeResidential
Approx AcresApprox. 0.18 acres (8,006 SqFt)
Number of Lots1
Approximate Street Frontage
Road Frontage Type
ZoningRHD
ElectricOn-site
GasAt Street
WaterPublic
SewerPublic Sewer
Cultivation AcresNone
Pasture AcresNone
Timber AcresNone
PERC Test
PERC Test DateUnknown
AssociationNo
Association Required
Association Fee$0
Lot FeaturesOther
WaterfrontNo
Waterfront Features1/2 To 1 Mile To Beach
View
Disclosures for 46 Federal St, Beverly MA 01915
DEQE/DEP#
Senior CommunityNo
Disclosures
Special Listing Conditions
For Sale By OwnerNo
Buyer Agent Compensation2%
Facilitator Compensation2%
Sub-Agent Compensation2
Financial Information for 46 Federal St, Beverly MA 01915
AssociationNo
Association Fee$0
Tax$5,910
Tax Year2025
Assessed Value$537,800
Contact Information for 46 Federal St, Beverly MA 01915