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You are here:
Home Massachusetts Beverly Multi-Family Homes for Sale

122 Bridge St Beverly, MA 01915

17 Days on Boston Pads
28 Photos
$1,450,000
6 Unit
9 Beds
6 Baths
3654 SQFT
0.15 Acre
122 Bridge St
Beverly, MA 01915

Property Description

This two-story six-family has been in the same ownership for 31 years. The property boasts a rentable square footage of 3,654± SF with a total gross of 5,691± SF. It consists of Three (3) studios, one (1) one-bedroom+den, one (1) two-bedroom, and one (1) three-bedroom unit. The property offers a balcony, coin-op laundry, 8 surface parking spots, and 1 garage. This property offers investors a value-add opportunity with under-market rents within a supply-restrained prime location. The asset is near the Cummings Center, Lahey Medical, and Beverly Depot, with various transportation options and accessibility to all major thoroughfares.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 7
  • Total Bedrooms: 9
  • Total Full Baths: 6

Financial

  • APOD Available: Yes
  • Gross Operating Income: 116700
  • Gross Expenses: 30092
  • GSE: 1668
  • Electric Expenses: 1611
  • Water/Sewer: 2426
  • INSC: 4200
  • Repairs & Maintenance: 4200
  • RFS: 600
  • Management Fee: 3605
  • Net Operating Income: 90067

Utilities

  • Electric Info: 200 Amps
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Unknown
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Unknown
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Foundation Info: Fieldstone, Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73317306
  • Last Updated: 12/08/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
12/08/2024Active$1,450,000$397MLSPIN
12/04/2024New$1,450,000$397MLSPIN

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Map & Resources

Upton School

School

0.05mi

Children's Center for Communication School

Special Education, Grades: PK-12

0.53mi

Ayers/Ryal Side School

Public Elementary School, Grades: K-4

0.58mi

Bright Horizons

Special Education, Grades: PK-K

0.88mi

The Castle Board Game Cafe

Cafe

0.91mi

Encompass Health Rehab Hospital Of New England At Beverly

Hospital

0.94mi

Beverly Police Department

Police

0.81mi

Bates Park

Park

0.2mi

Femino Park

Municipal Park

0.24mi

Obear Park

Municipal Park

0.28mi

Herlihy Park

Park

0.33mi

Femino Park

Park

0.36mi

Beverly Waterfront Park

Private Park

0.68mi

Innocenti Park

Municipal Park

0.73mi

Mccabe Park

Municipal Park

0.74mi

Danversport Yacht Club

Recreation Ground

0.75mi

Cardinal Rd Open Space

Recreation Ground

0.81mi

Sandy Beach

Recreation Ground

0.91mi

Beverly Golf & Tennis Club

Golf Course

0.26mi

Kernwood Country Club

Golf Course

0.51mi

Livingstone Avenue Playground

Playground

0.36mi

BonBon Hair Salon

Hair

0.56mi

Orange Nail Studio

Nails

0.9mi

Seller's Representative: Sara Pouladian, North Shore Realty Advisors
MLS ID#: 73317306

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-12-08 03:05:00