$1,180,000

● Multifamily - Off Market

40 Central

Beverly, MA

8 Beds

5 Baths

4,292 Ft²

$1,767,849

RealtyHop Estimate

38.65%

Since Aug 1, 2020

National-US

Primary Model

About This Property

Great opportunity for investment, owner occupied or condo conversion. Rare 5 unit building close to Independence Park and a short distance to downtown and Commuter rail. This is an easy building to own. It has been consistently maintained, all utilities are separate, coin operated washer and dryer in basement, off street parking for 5+ cars, and always easy to rent. Two 2 bedrooms, two 1 bedrooms, and a 2 bedroom townhouse. Peeks of the ocean from 3 units. Basement is great for storage. Level yard with patio. See attached list of improvements/repairs. Due to Covid 19 protocol, exterior and common area showings only, with offers subject to viewing individual units within 48 hours of acceptance.

Unit Size

4,292 Ft²

Days on Market

Land Size

0.19 acres

Price per sqft

$297

Property Type

Multifamily

Property Taxes

$983

HOA Dues

Year Built

Payment Calculator

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Last updated: 5 years ago (MLSPIN #72654769)

Price History

Date / Event	Date	Event
Jul 24, 2020	Sold	Premium
Sold
May 12, 2020	Listed by Keller Williams Realty Evolution	$1,275,000
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available

Fireplace

Parking Details

Parking Features: Paved Drive, Off Street, Paved

Interior Details

Full Bathrooms: 5

Interior Features: Storage, Unit 1(Pantry, Upgraded Cabinets, Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom with Shower Stall), Unit 4(Storage, Bathroom with Shower Stall), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)

Appliances: Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Gas Water Heater, Tank Water Heater

Flooring Type: Wood, Vinyl, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Wood Flooring), Unit 4(Wood Flooring)

Laundry Features: Laundry Room

Rooms: 21

Has Fireplace

Fireplace Features: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)

Fireplaces: 2

Basement: Full, Crawl Space, Interior Entry, Bulkhead, Concrete, Unfinished

Exterior Details

Road Responsibility: Public Maintained Road

Year Built Source: Public Records

Year Built Details: Approximate

PropertySubType: 5-9 Family

Stories (Total): 9

Building Area Units: Square Feet

Window Features: Insulated Windows, Screens

Construction Materials: Frame

Patio and Porch Features: Porch, Deck - Wood, Patio

Lead Paint: Unknown

Lot Features: Level

Lot Size Area: 0.19

Lot Size Units: Acres

Lot Size Acres: 0.19

Zoning: R6

Parcel Number: 5422, 4180723

Water Source: Public

Financial Details

Tax Assessed Value: $919,900

Tax Annual Amount: $11,800

Utilities Details

Cooling Type: Unit 1(None), Unit 2(None), Unit 3(None)

Heating Type: Unit 1(Hot Water Baseboard, Gas, Individual), Unit 2(Hot Water Baseboard, Gas, Individual), Unit 3(Hot Water Baseboard, Gas, Individual), Unit 4(Hot Water Baseboard, Gas, Individual)

Sewer : Public Sewer

Location Details

Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72654769