53-55-57 HALE ST
BEVERLY, MA 01915

$2,975,100

17 Beds

9 Baths

7,051 Sq Ft

Status Active Under Contract

MLS# 73235436

All offers due Monday (5/13) by 6 PM. Seller reply by Tuesday (5/14) by 6 PM. Final Group showing by appointment only. Monday (5.13), 10 AM – email Listing Broker if you plan to attend the Group showing. A Beverly Cove investment opportunity not to be missed! The perfect blend of superior location with a strong income stream. Only 2 blocks to Dane St Beach and thriving Downtown Beverly. Less than ¾ mile to Beverly MBTA. Three well-maintained contiguous parcels (combined lot 17,228+- sq ft) with 9 units on desirable Hale Street with 20+- car parking to be sold as a package. Eight nicely appointed 2-bedroom apartments & one 1-bedroom apartment. See separate income & expense statement and breakdown of Leases/TAW's. . Can also be purchased with 12 Highland Ave, Beverly. Another outstanding downtown 4-unit property ($1.2M) and 21 Symonds St, Salem. A strong income producing 3-unit in North Salem ($950K).

Details for 53-55-57 HALE ST

$422 / Sq Ft

20 parking spaces

Forced Air, Natural Gas, Individual, Unit Control

23 Days on website

0.4 acres lot

Interior

Appliances

Range, Disposal, Refrigerator, Dishwasher, Microwave

Bathrooms Full

Bathrooms Total

Bedrooms Total

Fireplace Features

Flooring

Wood, Tile, Vinyl, Varies

Interior Features

Bathroom With Tub & Shower, Upgraded Cabinets, Upgraded Countertops, Bathroom With Shower Stall, Remodeled, Living Room, Kitchen

Laundry Features

Living Area

7,051 SqFt.

HOA Features

Association Amenities

Association Fee Includes

Building And Construction

Accessibility Features

Door Features

[]

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

[]

Window Features

Skylight(s), Insulated Windows

Year Built

1880

Exterior And Lot

Exterior Features

Balcony, Rain Gutters

Lot Features

Lot Size Acres

0.4

Lot Size Square Feet

17228

Lot Size Units

Acres

Parking Features

Paved Drive, Off Street, Driveway, Paved

Parking Total

Patio And Porch Features

["Deck", "Deck - Wood"]

Pool Features

[]

Spa Features

[]

Waterfront Features

["Beach Front", "Beach Access", "Ocean", "Walk To", "1/10 To 3/10 To Beach", "Beach Ownership(Public)"]

Zoning

Utilities

Cooling

["None"]

Heating

Forced Air, Natural Gas, Individual, Unit Control

Area And Schools

City

Beverly

Community Features

Public Transportation, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House Of Worship, Marina, Private School, Public School, T-Station, University

County Or Parish

Essex

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$25,214

Tax Year

2024

Additional Info

Compensation Based On

Net Sale Price

Mls Status

Contingent

Sub Agency Offered

Transaction Broker Compensation