Sold

53-55-57 Hale St, Beverly, MA

Beverly · MA 01915

$3,120,000
Price
17
Beds
9
Baths
7051
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 9 Units
Lot size: 0.4 Acre Lot
Price per square foot: $422 / Sq.Ft
Parking: 20 Off Street Spaces

About this home

All offers due Monday (5/13) by 6 PM. Seller reply by Tuesday (5/14) by 6 PM. Final Group showing by appointment only. Monday (5.13), 10 AM ? email Listing Broker if you plan to attend the Group showing. A Beverly Cove investment opportunity not to be missed! The perfect blend of superior location with a strong income stream. Only 2 blocks to Dane St Beach and thriving Downtown Beverly. Less than ? mile to Beverly MBTA. Three well-maintained contiguous parcels (combined lot 17,228+- sq ft) with 9 units on desirable Hale Street with 20+- car parking to be sold as a package. Eight nicely appointed 2-bedroom apartments & one 1-bedroom apartment. See separate income & expense statement and breakdown of Leases/TAW's. . Can also be purchased with 12 Highland Ave, Beverly. Another outstanding downtown 4-unit property ($1.2M) and 21 Symonds St, Salem. A strong income producing 3-unit in North Salem ($950K).

Neighborhood & Transit

Beverly Cove

53-55-57 Hale St, Beverly · MA 01915

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
908 days
Listing Price:
$2,975,100
Price per Sq.Ft:
$422
Tax Assessment:
$2,235,000 in 2024
Taxes:
$2,101 / Monthly

Home Facts

Interior Features

Bedrooms
17
Full Bathrooms
9
Half Bathrooms
0
Living Area
7,051 Sq.Ft
Broker Disclosure about Living Area
Property is a legal 9 unit bldg. Income and Expense statement reflects 11 units.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
7051
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 100 Amps, Individually Metered, Varies per Unit

Exterior Features

Lot Size
17,228 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
20 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard, Wood, Vinyl, Varies per Unit
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Gary Blattberg
Listing office
RE/MAX Beacon
MLS PIN #
73235436
Disclosure
Legal 9 unit building. Income & expense statement reflects 11 units & $2640 generated from coin-op. If presenting an offer, please include that Buyer agrees to cooperate w/ the Seller if Seller elects to enter into a 1031 Like Kind Exchange. Offers should be 1 PDF. Do not send links w multiple docs.
Disclosure
Property is a legal 9 unit bldg. Income and Expense statement reflects 11 units.