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    492 Cabot

    Beverly, MA 01915
    • $638,500
    • STATUS: Active
    • MLS #: 72783439
    Price Reduced
    UPDATED: 13 min ago
    $638,500
    • 3
      BEDS
    • 0.16
      ACRES
    • 3
      BATHS
    • 2
      1/2 BATHS
    • 2,950
      SQFT
    • $216
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing courtesy of Team Cotraro - Mike & Mary of Lux Realty North Shore.

    Description

    Great opportunity to own this legal 3 unit mixed use building located on a corner lot with high visibility and convenient location to highway, schools, commuter rail, parks and all that Beverly has to offer. This 3 unit building consists of 2 commercial units on the first floor and a residential unit on the second floor. The building is zoned commercial per the Beverly building code.There is 2950 sf of living space with the majority on the first floor. The two units could converted to residential units as there is a flexible floor plan with multiple exits and entrance points. Each unit has a separate heating system and separate electrical system. Each unit has an area in the basement for storage. There is approximately 9 car parking off street along with a partially fenced in area. Owner currently occupies one of the first floor units and will need to remain in the building until July 1, 2021.Owner will pay 1400 per month until vacating. 1st floor and basement can be shown any day.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-02-26T16:08:51.677.
    www.refinderma.com/homes/114040453
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    492 Cabot Beverly, MA 01915

    • Price: $638,500
    • Status: Active
    • Updated: 13 min ago
    • MLS #: 72783439
    3
    Beds
    3
    Baths
    2
    ½ Baths
    0.16
    Acres
    2,950
    SQFT
    $216
    $/SQFT
    1920
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Elementary School:
    Ayers
    Middle School:
    Beverly
    High School:
    Beverly
    Property Description
    Great opportunity to own this legal 3 unit mixed use building located on a corner lot with high visibility and convenient location to highway, schools, commuter rail, parks and all that Beverly has to offer. This 3 unit building consists of 2 commercial units on the first floor and a residential unit on the second floor. The building is zoned commercial per the Beverly building code.There is 2950 sf of living space with the majority on the first floor. The two units could converted to residential units as there is a flexible floor plan with multiple exits and entrance points. Each unit has a separate heating system and separate electrical system. Each unit has an area in the basement for storage. There is approximately 9 car parking off street along with a partially fenced in area. Owner currently occupies one of the first floor units and will need to remain in the building until July 1, 2021.Owner will pay 1400 per month until vacating. 1st floor and basement can be shown any day.
    Exterior Features

    Beach Description HarborOcean Beach Miles To 1 To 2 Mile Beach Ownership Public Beachfront Yes Color Burlap Construction Frame Exterior Vinyl Exterior Features Deck - WoodFenced Yard Foundation Concrete BlockFieldstoneIrregular Lot Description CornerPaved DriveLevel Parking Features Off-StreetPaved Driveway Parking Spaces 10 Road Type Public Roof Material Asphalt/Fiberglass ShinglesRubber Waterfront Flag No

    Interior Features

    Appliances Unit3 RangeRefrigeratorWasher & Dryer Hookup Basement Yes Basement Features FullInterior AccessConcrete FloorUnfinished BasementExterior Access Bedrooms Unit1 1 Bedrooms Unit2 0 Bedrooms Unit3 2 Cooling Unit1 Window Ac Cooling Unit2 Window Ac Energy Features Varies Per Unit Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring WoodTileWall To Wall CarpetVaries Per Unit Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Full Baths Unit1 2 Full Baths Unit2 0 Full Baths Unit3 1 Half Baths Unit1 1 Half Baths Unit2 1 Half Baths Unit3 0 Heating Unit1 Hot Water BaseboardGasIndividual Heating Unit2 Hot Water BaseboardGas Heating Unit3 SteamOil Hot Water OilNatural Gas Interior Features Unit1 Security SystemStorageHardwood FloorsBathroom With Shower StallBathroom With Tub & ShowerWall To Wall Carpet Interior Features Unit2 Cable Tv AvailableStorageHardwood FloorsOpen Floor Plan Interior Features Unit3 StorageBathroom With Tub & Shower Levels 2 Levels Unit1 2 Levels Unit2 1 Levels Unit3 1 Rooms 11 Rooms Common Laundry Rooms Description Unit1 Living Rm/Dining Rm ComboOffice/DenOther (See Remarks) Rooms Description Unit2 Living Rm/Dining Rm ComboOffice/Den Rooms Description Unit3 KitchenOffice/Den Rooms Unit1 6 Rooms Unit2 1 Rooms Unit3 4

    Property Features

    Amenities Public TransportationShoppingTennis CourtParkGolf CourseMedical FacilityLaundromatHighway AccessHouse Of WorshipMarinaPrivate SchoolPublic School Apod Available No Assessments 675200.00 Disclosure No Disclosures Please Follow Cdc Guidelines As They Pertain To Covid - 19 Protocol. Seller To Remain At The Property To Run A Business Until July 12021. Seller Will Sign A Lease Until July 12021 With A Monthly Rent Of 1400. 2nd Floor Tenants Are At Will. They Have Agreed To Pay 1500 Per Month To Stay. Electric Features Circuit BreakersIndividually Metered Gross Operating Income 25200 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lender Owned No Multifamily Type 3 Family Net Operating Income 25200 Rent Description Unit2 Water Rent Description Unit3 Water Rent Unit1 1400 Rent Unit2 975 Rent Unit3 1000 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2021 Taxes 16785.00 Terms Contract For Deed Utility Connections Varies Per Unit Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Cn

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Team Cotraro - Mike & Mary of Lux Realty North Shore.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-02-26T16:08:51.677.
     
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    Exit Realty
    191 South Main Street
    Middleton MA, 01949
    Listing courtesy of Team Cotraro - Mike & Mary of Lux Realty North Shore.