15 River Street

Beverly, MA 01915

$1,800,000
Price
4
Beds
3
Baths
3,918 Sq. Ft.
$459 / Sq. Ft.
3,918
Sq. Ft.
$459
per Sq. Ft.

Description

Welcome to a rare and versatile mixed-use property in the heart of Beverly, MA, offering an auto repair shop with a three-bay garage alongside a charming multi-family home featuring three distinct units. This property is ideally located near major highways, providing convenient access for both business operations and residential living. This mixed-use property presents a unique opportunity to capitalize on dual income streams. Whether you're a seasoned investor or aspiring entrepreneur, don't miss...Welcome to a rare and versatile mixed-use property in the heart of Beverly, MA, offering an auto repair shop with a three-bay garage alongside a charming multi-family home featuring three distinct units. This property is ideally located near major highways, providing convenient access for both business operations and residential living. This mixed-use property presents a unique opportunity to capitalize on dual income streams. Whether you're a seasoned investor or aspiring entrepreneur, don't miss out on the potential that this property offers. Start your journey towards business success and residential prosperity in this sought-after location.
  1. Listed by Rosalee DiScipio • Lamacchia Realty, Inc.

Property Details for 15 River Street

Town
Beverly
Area
MA-Beverly
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of Lamacchia Realty, Inc., Rosalee DiScipio
Add your commute
LISTING UPDATED: 04/15/2024 09:17 PM

Property Details for 15 River Street

StatusActive
MLS #73222114
Days on Market20
Taxes$12,914 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1880
CountyEssex County

Location

Listing Courtesy of Lamacchia Realty, Inc., Rosalee DiScipio
Add your commute

Building Information for 15 River Street

Stories4Residences3Year Built1880Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$10,900 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$1,076

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15 River Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Living Area: 3918.0
  • Color: Green
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Owner
Features
Interior Features
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl, Carpet, Wood
  • Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Living Room, Kitchen
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Lot Description: Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Driveway
  • Parking Features: Paved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Forced Air, Natural Gas, Ductless
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Disclosures: Buyers and buyers agents to perform due diligence. Some photos may be virtually enhanced. No equipment from auto repair shop is being conveyed with the sale. All appliances in all 3 units to be conveyed with the sale. Cross listed as a commercial listing. Year built is approx for all structures.
Tax Information
  • Tax ID: M:0004 B:0064 L:,4179938
  • Assessments: $588,600
  • Block: 0064
  • Book: 37482
  • Lot: 0
  • Map: 0004
  • Tax Year: 2024
  • Zoning: IG
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
  • Foundation Area: 0.0
  • Cooling Zones: 0
  • Heat Zones: 3
Income / Expenses
  • GOI: $63,600.00
  • NOI: $63,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,300.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5%
  • Other Agent Compensation: 2.5%

Property History for 15 River Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15 River Street

Taxable ValueLand$251,300Additions$337,300Total$588,600
Home Facts
Baths2Total Finished SqFt3,905 SqFtAbove Grade Finished SqFt3,905 SqFtStories2Lot Size6,599 SqFtStyleOffice BuildingYear Built1880ZoningIGCountyESSEXAPNBEVE M:0004 B:0064 L:

Schools near 15 River Street

This home is within Beverly School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Ayers/Ryal Side School
PublicK to 4

Briscoe Middle School
Public5 to 8

Beverly High School
Public9 to 12

Cove Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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15 River Street is a multi-family home for sale in Beverly, MA 01915. This property was listed for sale on April 10, 2024 by Lamacchia Realty, Inc., it's currently listed at $1,800,000. It has been on the market for a total of 20 days and was last sold on November 6, 1990. This listing's school district is Beverly School District. Nearby schools include Ayers/Ryal Side School, Briscoe Middle School and Beverly High School. 15 River Street is a 4-bed, 3-bath, 3,918 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lamacchia Realty, Inc., Rosalee DiScipio

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.