Sold

53-55-57 Hale St

Beverly MA, 01915

$3,120,000


$442.49 per sqft

Sold

17 Beds

9 Baths

7,051 sqft

Multi-family

Built in 1880

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 3/4 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).

73235436

MLS ID

May 9, 2024

Listed

August 23, 2024

Updated

Map

53-55-57 Hale St
Beverly MA, 01915

Interior Features

Total Stories

11


Bedrooms

17


Total Bathrooms

9


Full Bathrooms

9


Interior Features

Bathroom With Tub Shower, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Living Room, Kitchen


Appliances

Range, Disposal, Refrigerator, Dishwasher, Microwave


Floor Description

Wood, Tile, Vinyl, Varies


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air, Natural Gas, Individual, Unit Control

Exterior/Building Features

Lot Size

0.4 Acres


Exterior Features

Balcony, Rain Gutters


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Beverly Cove


Taxes

$25,214


Tax Frequency

Annually


Days on Market

19


Garage

No


Parking

Paved Drive, Off Street, Driveway, Paved


Parking Total

20


View

No


County

Essex


Water Source

Public


Pool

No


Zoning

R6

Listing History

Date

Event

Price

7/31/2024

Sold

$3,120,000

5/28/2024

Pending

5/14/2024

Under contract

5/12/2024

Price change

$2,975,100

0%

 

Courtesy of Gary Blattberg, RE/MAX Beacon

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Data last updated 9:54 AM UTC, 8/23/2024

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