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    2-4 Cliff St

    Beverly, MA 01915
    • $749,000
    • STATUS: Active
    • MLS #: 72740768
    $749,000
    • 7
      BEDS
    • 0.07
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 2,500
      SQFT
    • $300
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Darin Thompson of Stuart St James, Inc..

    Description

    INVESTMENT OPPORTUNITY! The rent potential for this building, based on HUD fair market rents for 2021, is $82,920 annually (or $6,910 per month). Current interest rates are at a remarkable low. LIVE FOR FREE while your house pays for itself - then sell it and retire with money in the bank! Multi-family in desirable location, steps from ocean and parks. Corner lot with duplex style side-by-side two level 3-bedroom units and there is also a ground level one bedroom "in-law" with 3/4 bathroom with separate entrance. All units have separate designated utility meters and boilers/hot water heaters. The property has paved parking area and detached shed and outdoor patio. Coin-op washer and dryers designated to each unit. This property is steps from ocean, beach, park, and walking distance to MBTA and restaurants.

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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 2020-11-26T00:06:14.2.
    www.zackharwoodrealestate.com/homes/110869536
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    2-4 Cliff St Beverly, MA 01915

    • Price: $749,000
    • Status: Active
    • MLS #: 72740768
    7
    Beds
    3
    Baths
    1
    ½ Baths
    0.07
    Acres
    2,500
    SQFT
    $300
    $/SQFT
    1921
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    INVESTMENT OPPORTUNITY! The rent potential for this building, based on HUD fair market rents for 2021, is $82,920 annually (or $6,910 per month). Current interest rates are at a remarkable low. LIVE FOR FREE while your house pays for itself - then sell it and retire with money in the bank! Multi-family in desirable location, steps from ocean and parks. Corner lot with duplex style side-by-side two level 3-bedroom units and there is also a ground level one bedroom "in-law" with 3/4 bathroom with separate entrance. All units have separate designated utility meters and boilers/hot water heaters. The property has paved parking area and detached shed and outdoor patio. Coin-op washer and dryers designated to each unit. This property is steps from ocean, beach, park, and walking distance to MBTA and restaurants.
    Exterior Features

    Beach Description HarborAccessWalk To Beach Miles To 0 To 1/10 Mile Beach Ownership Public Beachfront Yes Exterior Features PorchPatioGuttersStorage Shed Foundation Poured ConcreteFieldstone Lot Description Corner Parking Features Off-StreetPaved Driveway Parking Spaces 2 Water View Features Ocean Waterfront Flag No Waterview Flag Yes

    Interior Features

    Basement Yes Bedrooms Unit1 3 Bedrooms Unit2 3 Bedrooms Unit3 1 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Floors Unit1 1 Floors Unit2 1 Floors Unit3 0 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths Unit1 1 Half Baths Unit2 0 Half Baths Unit3 1 Hot Water Natural Gas Levels 2 Levels Unit1 2 Levels Unit2 2 Levels Unit3 1 Rooms 13 Rooms Common Laundry Rooms Unit1 5 Rooms Unit2 5 Rooms Unit3 3

    Property Features

    Amenities Public TransportationParkMarina Apod Available No Assessments 527600.00 Disclosure No Electric Features 200 Amps Gross Operating Income 54000 Lead Paint Certified Treated Lease Unit1 Y Lease Unit2 N Lease Unit3 N Lender Owned No Multifamily Type Duplex Net Operating Income 54000 Rent Unit1 1700 Rent Unit2 1500 Rent Unit3 1300 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Owner Tax Year 2020 Taxes 6769.00 Water City/Town Water Year Built Description Actual Year Built Source Public Record Zoning R6

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Darin Thompson of Stuart St James, Inc..


    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 2020-11-26T00:06:14.2.
     
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    Zack Harwood Real Estate | Berkshire Hathaway HomeServices Warren Residential
    535 Boylston Street 8th Floor
    Boston MA, 02116
    Listing courtesy of Darin Thompson of Stuart St James, Inc..