You will be hard pressed to find a better location for owning a versatile 2 family property, than this one located just outside of Beverly's vibrant downtown, with convenient access to the commuter rail. Multi-family properties offer various options for use, giving the seller so many more opportunities. Looking to live in one unit and rent out the other? Well this one is perfect as the top unit offers 3-4 bedrooms on 2 floors, with attic and basement access for storage. Use the entire 2 car garage for yourself or include it with your rental, at an added monthly cost. Looking for a true income property? Well this property has separate laundry, electric and many convenient bonuses such as walk in pantries, separate dining and tons of elegant original wood work. Well maintained income properties like this don't come along often, so come check out 31 Federal Street this weekend! Property will be delivered vacant. Showings will begin at OH Fri 3/31 5-6:30, Sat 11-12:30pm & Sun 12-1:30.
Sold for $810,000 on 04/28/23
$810,000
31 Federal St, Beverly, MA 01915
5beds
2,701sqft
Multi Family
Built in 1911
-- sqft lot
$885,200 Zestimate®
$300/sqft
$3,214 Estimated rent
Home value
$885,200
$832,000 - $938,000
$3,214/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 28, 2023 at 05:12pm
Listed by:
Nick Motsis 978-420-7378,
Stone Ridge Properties, Inc. 978-463-4322
Bought with:
Kurt Coleman
Red Tree Real Estate
Source: MLS PIN,MLS#: 73092640
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,701
- Total interior livable area: 2,701 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off Street
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Patio & porch: Porch, Deck - Wood
Lot
- Size: 4,956 sqft
- Features: Level
Details
- Parcel number: M:0011 B:0138 L:,4182030
- Zoning: RHD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation
Location
- Region: Beverly
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2023 | Sold | $810,000+8.1%$300/sqft |
Source: MLS PIN #73092640 | ||
| 4/4/2023 | Contingent | $749,000$277/sqft |
Source: MLS PIN #73092640 | ||
| 3/29/2023 | Listed for sale | $749,000+76.2%$277/sqft |
Source: MLS PIN #73092640 | ||
| 8/31/2007 | Sold | $425,000+193.1%$157/sqft |
Source: Public Record | ||
| 11/5/1990 | Sold | $145,000$54/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,911 +10% | $719,800 +12.4% |
| 2024 | $7,192 +7.7% | $640,400 +8% |
| 2023 | $6,679 | $593,200 |
Find assessor info on the county website
Neighborhood: 01915
Nearby schools
GreatSchools rating
- 4/10Briscoe Middle SchoolGrades: 5-8Distance: 1.1 mi
- 5/10Beverly High SchoolGrades: 9-12Distance: 1 mi
- 6/10Hannah Elementary SchoolGrades: K-4Distance: 1.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$885,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$885,200