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Sold for $1,100,000 on 08/30/24
  • $1,100,000

    12 Highland Ave, Beverly, MA 01915

    6beds
    3,475sqft
    4 Family
    Built in 1920
    -- sqft lot
    $1,129,900 Zestimate®
    $317/sqft
    $2,803 Estimated rent

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    $2,803/mo

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    $2,803/mo

    Rent Zestimate®

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    $6,825/mo

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    $6,825/mo

    Est. payment

    What's special

    Rare opportunity to purchase this well-maintained c.1920 4-Family gem in downtown Beverly. Turnkey investment property with strong cash flow on Side street between Cabot and Rantoul makes you forget how close you are to the vibrant downtown! Only 0.3 mile to Beverly Depot & 0.5 mile to the waterfront. All 4 units feature views of the terraced backyard and mature trees. Recent major upgrades include all new electric service/panels (2018), new gas boiler (2019), new gas water heater, all new gutters, and rebuilt chimneys (2020). With a mixture of appealing 1 and 2 bedroom units, 3-car off-street parking, and coin-op laundry, it’s perfect for the savvy investor or owner-occupier. One of the apartments has a private entrance and deck for privacy. The peaceful backyard is perfect for gardening, barbecuing, games or just sunbathing.

    Zillow last checked: 7 hours ago

    Listing updated: September 01, 2024 at 11:38am

    Listed by:

    Gary Blattberg,

    RE/MAX Beacon

    Bought with:

    Joseph Scapicchio

    Berkshire Hathaway HomeServices Warren Residential

    Source: MLS PIN,MLS#: 73235499

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Steam, Natural Gas, Forced Air, Oil, Electric
    Cooling
    • None
    Features
    • Bathroom With Tub & Shower, Remodeled, Walk-Up Attic, Bathroom with Shower Stall, Living Room, Kitchen, Dining Room
    • Flooring: Wood, Tile, Vinyl
    • Windows: Insulated Windows
    • Basement: Full,Concrete
    • Has fireplace: No
    Interior area
    • Total structure area: 3,475
    • Total interior livable area: 3,475 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved Drive, Off Street
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck
    • Exterior features: Rain Gutters, Stone Wall
    • Waterfront features: Beach Front, Beach Access, Ocean, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 4,805 sqft
    Details
    • Foundation area: 1152
    • Parcel number: M:0005 B:0112 L:,4180388
    • Zoning: RHD

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Circuit Breakers, Individually Metered
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
    Location
    • Region: Beverly

    HOA & financial

    Other financial information
    • Total actual rent: 8440

    Other

    Other facts
    • Listing terms: Other (See Remarks)
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    Estimated market value
    $1,129,900