Off Market

7-11 Wallis St, Beverly, MA

Beverly · MA 01915

$1,950,000
Price
5
Beds
4.5
Baths
6722
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1860
Units: 4 Units
Lot size: 4,317 Sq.Ft Lot
Price per square foot: $290 / Sq.Ft
Parking: No Parking

About this home

Historical Mixed-Use Building! Discover an exceptional investment opportunity in this beautifully updated property in vibrant Downtown Beverly. This property features a prime first-floor commercial space with a valuable liquor license, central A/C,offering approximately 3,357 square feet of versatile space, ideal for a bar, restaurant, wedding venue, entertainment venue, or retail venture. The finished basement adds extra potential for storage or expansion.Additionally, there are three updated residential units: - Unit 1: A spacious three-bedroom with a remodeled kitchen, open-concept living area, in-unit washer/dryer, tiled bathroom, and high ceilings. - Unit 2: A bright one-bedroom unit with modern finishes, high ceilings, and in-unit laundry. - Unit 3: A large cozy studio with a flexible floor plan and a back porch.Each residential unit is modernized, ensuring a fresh atmosphere that attracts tenants.

Neighborhood & Transit

7-11 Wallis St, Beverly · MA 01915

Nearby transit

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

  • Beverly Commuter Rail 1 route 0.31 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
756 days
Listing Price:
$1,950,000
Price per Sq.Ft:
$290
Tax Assessment:
$1,059,600 in 2024
Taxes:
$1,464 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
3
Half Bathrooms
3
Living Area
6,722 Sq.Ft
Broker Disclosure about Living Area
1 commercial unit on the first floor and 3 residential units on the second floor
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6722
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
400 Amps

Exterior Features

Lot Size
4,317 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Jarvid Cortes
Listing office
Keller Williams Realty Evolution
MLS PIN #
73299930
Disclosure
The establishment includes a liquor license.
Disclosure
1 commercial unit on the first floor and 3 residential units on the second floor