31 Federal Street

Beverly, MA 01915

$810,000
Last Sold Price
5
Beds
2
Baths
2,701 Sq. Ft.
$300 / Sq. Ft.
2,701
Sq. Ft.
$300
per Sq. Ft.

Description

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...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.
  1. Listed by Nick Motsis • Stone Ridge Properties, Inc.

Property Details for 31 Federal Street

Town
Beverly
Area
MA-Beverly
Garage Spaces
2
Parking Spaces
4.00
Parking Spaces Total
6

Location

Listing Courtesy of Stone Ridge Properties, Inc., Nick Motsis

Sold By Red Tree Real Estate, Kurt Coleman

Add your commute
LISTING UPDATED: 04/28/2023 08:12 PM

Property Details for 31 Federal Street

StatusSold
MLS #73092640
Days on Market20
Taxes$6,679 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1911
CountyEssex County

Location

Listing Courtesy of Stone Ridge Properties, Inc., Nick Motsis

Sold By Red Tree Real Estate, Kurt Coleman

Add your commute

Building Information for 31 Federal Street

Stories3Residences2Year Built1911Building Size-Lot Size0.11 AC / 4,956 SF

Payment Calculator

$4,977 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,421

Property Taxes

$557

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 31 Federal Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation
  • Current Financing: Conv. Fixed
  • Living Area: 2701.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
  • Interior Features: Other (See Remarks)
  • Interior Features: Other (See Remarks)
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Deck - Wood
  • Lot Description: Level
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:0011 B:0138 L:,4182030
  • Assessments: $593,200
  • Book: 27154
  • Tax Year: 2023
  • Zoning: RHD
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 2
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 31 Federal 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 31 Federal Street

Taxable ValueLand$292,200Additions$348,200Total$640,400
Tax Record2024$7,192 ($599 / month)
Home Facts
Baths2Total Finished SqFt2,701 SqFtAbove Grade Finished SqFt2,701 SqFtUnfinished Basement SqFt1,243 SqFtStories2Lot Size4,957 SqFtStyleDuplexYear Built1911ZoningRHDCountyESSEXAPNBEVE M:0011 B:0138 L:

Schools near 31 Federal 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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Similar Sold Homes

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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 Stone Ridge Properties, Inc., Nick Motsis

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.