492 CabotBeverly, MA 01915MLS Number 72783439

  • Price: $638,500
  • Est. Mortgage of $/month
  • 24 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 2.97% last updated on Feb 25, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 3Bedrooms
  • 5Bathrooms
  • 2,950Square Feet
  • 0.16Acreage
Great opportunity to own this legal 3 unit mixed use building located on a corner lot with high visibility and convenient location to highway, schools, commuter rail, parks and all that Beverly has to offer. This 3 unit building consists of 2 commercial units on the first floor and a residential unit on the second floor. The building is zoned commercial per the Beverly building code.There is 2950 sf of living space with the majority on the first floor. The two units could converted to residential units as there is a flexible floor plan with multiple exits and entrance points. Each unit has a separate heating system and separate electrical system. Each unit has an area in the basement for storage. There is approximately 9 car parking off street along with a partially fenced in area. Owner currently occupies one of the first floor units and will need to remain in the building until July 1, 2021.Owner will pay 1400 per month until vacating. 1st floor and basement can be shown any day.
Listed by Team Cotraro, Mary Cotraro and Michael Cotraro of 228 Cabot Street

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Parking

  • Garage Spaces
  • Parking Spaces10
  • Parking DescriptionOff-Street, Paved Driveway
  • Total Parking Spaces10

Building

  • Year Built1920
  • ConstructionFrame
  • Bathroom5
  • Full Bath3
  • Half Baths2
  • Bedrooms3
  • Total Brs3
  • Total Fbh3
  • Total Flrs4
  • Total Half Baths2
  • Total Levels4
  • No Rooms11
  • Total Rms11
  • Total Rooms11
  • Levels2
  • Levels 12
  • Levels 21
  • Levels 31
  • BasementYes
  • Bedrms 11
  • Bedrms 32
  • FoundationConcrete Block, Fieldstone, Irregular
  • DirectionMcKay to Cabot
  • Terms FeatureContract for Deed
  • Rms 16
  • Rms 21
  • Rms 34
  • Rms CommonLaundry
  • Lead PaintUnknown
  • Units3

Amenities

  • UsmAmenitiesBasement, Golf, Tennis

Water Body

  • WaterfrontNo
  • BeachfrontYes
  • Beach DescriptionHarbor, Ocean
  • Miles to Beach1 to 2 Mile
  • Beach OwnershipPublic

Basic Information

  • Property Type3 Family
  • Date Listed02/08/2021
  • List Price$638,500
  • Price Per Sq Ft$216
  • Status Date2021-02-18T15:00:00
  • MLS Number72783439
  • MLS StatusActive

Property

  • Acreage0.16
  • Lot Size6780
  • Square Feet2,950
  • Lease 1N
  • Lease 2N
  • Lease 3N
  • Rnt Dscrp 2Water
  • Lot DescriptionCorner, Paved Drive, Level
  • Rent31000
  • Rent2975
  • Rnt Dscrp 3Water
  • Rent11400
  • Assessments675200
  • Main LoAN1532
  • Road TypePublic

Exterior

  • Colorburlap
  • ExteriorVinyl
  • Exterior FeaturesDeck - Wood, Fenced Yard
  • Roof MaterialAsphalt/Fiberglass Shingles, Rubber

Utilities

  • Utility ConnectionsVaries per Unit
  • Electric FeatureCircuit Breakers, Individually Metered
  • Energy FeaturesVaries per Unit
  • WaterCity/Town Water
  • Hot WaterOil, Natural Gas
  • SewerCity/Town Sewer

Other

  • Year Built DescrpApproximate
  • Apod AvailableNo
  • Noi25200
  • View Count270

Location

  • Street Num492
  • Building Number492
  • StreetCabot
  • TownBeverly
  • StateMA
  • Zip01915
  • CountyEssex
  • Elementary SchoolAyers
  • Junior HighBeverly
  • High SchoolBeverly

Interior

  • Ife Dscrp 3Storage, Bathroom With Tub & Shower
  • Ife Dscrp 1
    • Bathroom With Tub & Shower
    • Bathroom with Shower Stall
    • Hardwood Floors
    • Security System
    • Storage
    • Wall to Wall Carpet
  • Ife Dscrp 2Cable TV Available, Storage, Hardwood Floors, Open Floor Plan
  • Rms Dscrp 2Living RM/Dining RM Combo, Office/Den
  • Rms Dscrp 3Kitchen, Office/Den
  • Rms Dscrp 1Living RM/Dining RM Combo, Office/Den, Other (See Remarks)
  • Col Dscrp 1Window AC
  • Col Dscrp 2Window AC
  • App Dscrp 3Range, Refrigerator, Washer & Dryer Hookup
  • Basement FeatureFull, Interior Access, Concrete Floor, Unfinished Basement, Exterior Access
  • F Bths 12
  • Hea Dscrp 1Hot Water Baseboard, Gas, Individual
  • H Bths 21
  • H Bths 11
  • F Bths 31
  • Hea Dscrp 2Hot Water Baseboard, Gas
  • Hea Dscrp 3Steam, Oil
  • Flrs 11
  • Flrs 21
  • Flrs 32
  • FlooringWood, Tile, Wall to Wall Carpet, Varies Per Unit

Photos

  • Number of Photos24
  • Photo Date2021-02-08T11:43:00
  • Prop TypeMF

Beverly, MA Demographics

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Beverly, MA Real Estate Market Data

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Beverly, MA Schools

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