Historical Multifamily Sale Listing - Hannah

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Hannah

490 Rantoul Street, Beverly, MA 01915

N/A

48 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
48
Building Size:
16,860 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
7.08%
No. Stories:
4
Year Built:
1973
Lot Size:
27,395 SF
Parking Ratio:
53 / 1,000 SF
Listing ID
14135270
Last Updated
over 1 year ago

Highlights

  • Rte. 1A
  • Good income
  • Convenient location

Description

Largest Studio Apartment building in downtown Beverly. 48 one & two room Studio units in excellent condition with 53 quality parking spaces. EAch unit has individual heat control, wall A/C, and separate entrance from outside decks. Prime, prime, prime Real Estate. Large laundry room, oversized utilities. Fully sprinklered and computerized fire alarm system.

2 first floor handicap accessible units; 14 (#0-13) original 200 sq. ft. rooms with kitchen and bath; 1 (#14) large triangular room; 4 (25-28) first floor 400 sq. ft. units; 8 two room units (15-22); 1 (19) townhouse 2 room unit with spiral staircase; 4 (44-47) top floor recent addition all 400 sq. ft. Most recent rear addition all 225 sq. ft. with balcony.

Commercially zoned and centrally lcoated on Route 1A in Beverly.

Map of 490 Rantoul Street, Beverly, MA 01915 (Essex County)

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