12 HIGHLAND AVE
BEVERLY, MA 01915

$1,200,000

6 Beds

5 Baths

3,475 Sq Ft

Status Active

MLS# 73235499

Rare opportunity to purchase this well-maintained c.1920 4-Family gem in downtown Beverly. Turnkey investment property with strong cash flow on Side street between Cabot and Rantoul makes you forget how close you are to the vibrant downtown! Only 0.3 mile to Beverly Depot & 0.5 mile to the waterfront. All 4 units feature views of the terraced backyard and mature trees. Recent major upgrades include all new electric service/panels (2018), new gas boiler (2019), new gas water heater, all new gutters, and rebuilt chimneys (2020). With a mixture of appealing 1 and 2 bedroom units, 3-car off-street parking, and coin-op laundry, it’s perfect for the savvy investor or owner-occupier. One of the apartments has a private entrance and deck for privacy. The peaceful backyard is perfect for gardening, barbecuing, games or just sunbathing.

Details for 12 HIGHLAND AVE

$345 / Sq Ft

3 parking spaces

Steam, Natural Gas, Forced Air, Oil, Electric

22 Days on website

0.11 acres lot

Interior

Appliances

Range, Dishwasher, Disposal, Refrigerator

Bathrooms Full

Bathrooms Total

Bedrooms Total

Fireplace Features

Flooring

Wood, Tile, Vinyl

Interior Features

Bathroom With Tub & Shower, Remodeled, Walk-Up Attic, Bathroom With Shower Stall, Living Room, Kitchen, Dining Room

Laundry Features

Living Area

3,475 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

Insulated Windows

Year Built

1920

Exterior And Lot

Exterior Features

Rain Gutters, Stone Wall

Lot Features

Lot Size Acres

0.11

Lot Size Square Feet

4805

Lot Size Units

Acres

Parking Features

Paved Drive, Off Street

Parking Total

Patio And Porch Features

["Deck"]

Pool Features

[]

Spa Features

[]

Waterfront Features

["Beach Front", "Beach Access", "Ocean", "Walk To", "3/10 To 1/2 Mile To Beach", "Beach Ownership(Public)"]

Zoning

RHD

Utilities

Cooling

["None"]

Heating

Steam, Natural Gas, Forced Air, Oil, Electric

Area And Schools

City

Beverly

Community Features

Public Transportation, Shopping, 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

$9,473

Tax Year

2024

Additional Info

Compensation Based On

Net Sale Price

Sub Agency Offered

Transaction Broker Compensation