This Hotel & Motel Property is Off-Market.

68 Dane Street
Beverly, MA 01915 ·

20 Rooms · Hotel & Motel For Sale

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68 Dane Street

Price N/A Property Use Type Investment
No. Rooms 20 Cap Rate 9.44%
Building Size 6,333 SF No. Stories 3
Property Type Hotel & Motel Year Built 1800
Property Sub-type Economy/Limited Service Lot Size 6,534 SF
Listing ID: 15261532 Date Created: 07/28/2007 Last Updated: 09/14/2009

Description

Former Greycroft Inn, now 20 room Lodging/Rooming House; All rooms with refrigerators; 4 full baths, 2 half baths, common living room, porch, deck, aprox. 5 car parking, 2 new digital FHW by gas boilers; Many new windows, attic insulation, coin-op laundry; Near library, Dane Street Beach and Independence Park

Residential area with many single family homes, near beach and park

Highlights

  • Near beach & park
  • Lodging/Rooming House
  • 20 rooms rented weekly
  • Resident manager $3,990 gives cap rate of 9.44%

Research

68 Dane Street, Beverly, MA 01915 (Essex County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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