Excellent investment opportunity in Beverly, MA! This well-maintained four-family property consists of four spacious one-bedroom units in a highly desirable location. With ample off-street parking, tenants enjoy convenience while being just minutes from downtown Beverly, the commuter rail, shops, restaurants, and major highways. This multifamily asset offers strong rental income potential in a high-demand market, making it ideal for both seasoned investors and those looking to expand their portfolio. Don’t miss out on this chance to own a prime income-producing property in one of the North Shore’s most sought-after communities
This home has been viewed 52 times
Last Updated: March 31st, 2025 at 4:23am
Gross Income: $39,000
Gross Expenses: $9,657
Net Income Calc: $29,343
CAP Rate: 2.79%
Annual Expenses for 41 Bridge St, Beverly MA 01915
Total Gross Expenses (Calculated)$9,657/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$9,657
Annual Income & Unit Breakdown for 41 Bridge St, Beverly MA 01915
Total Gross Income (Calculated)$39,000
Unit 1
Rental Income1250
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income1250
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income750
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 41 Bridge St, Beverly MA 01915
Listing ID73336002
Property TypeMulti Family / 4 Family
Price$1,050,000 ($349.53/SqFt)
Style
CityBeverly
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Approximate Living Area Total3,004 SqFt
Approximate Lot Size (Acres)0.17 acres
Total Parking6
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningR10
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 41 Bridge St, Beverly MA 01915
Disclosures for 41 Bridge St, Beverly MA 01915
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$39,000
Total Net Income By Broker$39,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 41 Bridge St, Beverly MA 01915
Elementary School
Middle School
High School
Neighborhood(s)Ipswich
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Park, Medical Facility, Laundromat, Public Transportation, T-station, Marina
Contact Information for 41 Bridge St, Beverly MA 01915