122 Bridge Street

Beverly, MA 01915

$1,450,000
Price
9
Beds
6
Baths
3,654 Sq. Ft.
$397 / Sq. Ft.
3,654
Sq. Ft.
$397
per Sq. Ft.

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...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.
  1. Listed by Sara Pouladian • North Shore Realty Advisors
  2. Listed by Dan Pouladian • North Shore Realty Advisors

Property Details for 122 Bridge Street

Town
Beverly
Area
MA-Beverly
Garage Spaces
1
Parking Spaces
8.00
Parking Spaces Total
9
LISTING UPDATED: 12/08/2024 03:09 AM

Property Details for 122 Bridge Street

StatusActive
MLS #73317306
Days on Market13
Taxes$11,132 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1920
CountyEssex County

Building Information for 122 Bridge Street

Stories7Residences6Year Built1920Building Size-Lot Size0.15 AC / 6,734 SF

Property Information for 122 Bridge Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 3654.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 200+ Amp Service
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:0009 B:0060 L:,4181197
  • Assessments: $991,300
  • Book: 2
  • Tax Year: 2024
  • Zoning: R10
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone
  • Foundation Area: 9999.0
Income / Expenses
  • Electricity: $1,611.00
  • GOI: $116,700.00
  • Gross Scheduled Income: $1,668.00
  • Insurance: $4,200.00
  • GRE: $30,092
  • MGF: $3,605
  • RFS: $600
  • RME: $4,200
  • NOI: $90,067.00
  • Operating Expense: $30,092.00
  • WSE: $2,426.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: U
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: U
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,725.00

Property History for 122 Bridge Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 122 Bridge Street

Taxable ValueLand$328,700Additions$662,600Total$991,300
Tax Record2024$11,132 ($928 / month)
Home Facts
Baths6Total Finished SqFt3,654 SqFtAbove Grade Finished SqFt3,654 SqFtUnfinished Basement SqFt1,927 SqFtStories2Lot Size6,734 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningR10CountyESSEXAPNBEVE M:0009 B:0060 L:

Schools near 122 Bridge Street

This home is within Beverly School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Ayers/Ryal Side School
PublicK to 4

Briscoe Middle School
Public5 to 8

Beverly High School
Public9 to 12

Hannah Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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122 Bridge Street is a multi-family home for sale in Beverly, MA 01915. This property was listed for sale on December 4, 2024 by North Shore Realty Advisors, it's currently listed at $1,450,000. This listing's school district is Beverly School District. Nearby schools include Ayers/Ryal Side School, Briscoe Middle School and Beverly High School. 122 Bridge Street is a 9-bed, 6-bath, 3,654 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of North Shore Realty Advisors, Sara Pouladian; North Shore Realty Advisors, Dan Pouladian

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.