Welcome to a rare and versatile mixed-use property in the heart of Beverly

MA, offering an auto repair shop with a three-bay garage alongside a charming multi-family home featuring three distinct units. This property is ideally located near major highways, providing convenient access for both business operations and residential living.

This mixed-us property presents a unique opportunity to capitalize on dual income streams. Whether you're a seasoned investor or aspiring entrepreneur, don't miss out on the potential that this property offers. Start your journey towards business success and residential prosperity in this sought-after location.

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on 15 River St
in Beverly, MA
Presented by Rosalee DiScipio at
Lamacchia Realty, Inc.


Property MLS #73222114 from MLSPIN
▶ Virtual Tour

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 4

+ Other Rooms

Total Rooms: 8
Basement Description: Full, Interior Entry, Concrete, Unfinished

+ Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

+ Interior Features

Bathroom With Tub & Shower
Bathroom with Shower Stall
Living Room
Kitchen
Door Features: Insulated Doors
Flooring: Vinyl, Carpet, Wood
Window Features: Insulated Windows

+ Appliances

Laundry Features: Electric Dryer Hookup, Washer Hookup

+ Heating and Cooling

Heating Features: Forced Air, Natural Gas, Ductless
Heating: Yes

+ Exterior and Lot Features

Rain Gutters
Road Surface Type: Paved

+ Land Info

Lot Description: Level
Lot Size Acres: 0.15

+ Garage and Parking

Open Parking: Yes
Parking Features: Paved
Parking Total: 6

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Rental Info

Gross Income: 63600
Rent Includes: Unit 1(Heat, Electric, Hot Water), Unit 2(Heat, Electric, Hot Water), Unit 3(Heat, Electric, Hot Water)

+ Multi-Unit Info

Number of Units: 3

+ Amenities and Community Features

Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station

+ Other Property Info

Annual Tax Amount: 12913.88
Tax Block: 0064
Source Listing Status: Active
County: Essex
Directions: School St to River Street
Tax Year: 2024
Source Property Type: Residential Income
Parcel Number: M:0004 B:0064 L:, 4179938
Zoning: IG
Property Subtype: 3 Family
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-04-10
$1,800,000
MLSPIN

+ Commercial Info

Net Operating Income: 63600

+ Utilities

Electric: Circuit Breakers, 200+ Amp Service
Sewer: Public Sewer
for Gas Range
for Electric Dryer
Washer Hookup
Water Source: Public

+ Building and Construction

Year Built: 1880
Building Area Total: 3918
Building Area Units: Square Feet
Construction Materials: Frame
Foundation Details: Stone
Property Age: 144
Roof: Shingle
Levels or Stories: 4
Year Built Details: Approximate
Year Built Source: Owner

+ Display Complete School Details

Beverly High School is a public high school located approximately 1.5 miles away.
Map directions

St Mary School is a private elementary and middle school located approximately 0.5 miles away.
Map directions

Ayers/Ryal Side School is a public elementary school located approximately 0.5 miles away.
Map directions

Briscoe Middle School is a public elementary and middle school located approximately 1.1 miles away.
Map directions