ATTN: DEVELOPERS/BUILDERS/INVESTORS - Here is your next project! 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 35 times
Last Checked: June 30th, 2025 at 6:23am (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