This two-story six-family has been in the same ownership for 31 years. The property boasts a rentable square footage of 3,654± SF with a total gross of 5,691± SF. It consists of Three (3) studios, one (1) one-bedroom+den, one (1) two-bedroom, and one (1) three-bedroom unit. The property offers a balcony, coin-op laundry, 8 surface parking spots, and 1 garage. This property offers investors a value-add opportunity with under-market rents within a supply-restrained prime location. The asset is near the Cummings Center, Lahey Medical, and Beverly Depot, with various transportation options and accessibility to all major thoroughfares.
3,654 Sq Ft
6,734 Sq Ft Exterior Space
Investment
$11,132 Annual Tax
Built in 1920
MLS/Listing ID 73317306
7 Stories
6 Units
Beach Front
Concrete Perimeter
1/2 to 1 Mile To Beach
Source of Data: MLS PROPERTY INFORMATION NETWORK