Highly sought after location in Beverly, Massachusetts. Located near the the Beverly Arts District. Enjoy living and investing in the neighborhood between the downtown business district, the Beverly Depot commuter rail station and Beverly Harbor. Stroll along well-known Lothrop Street. Enjoy Independence Park, Lyons Park, Dane Street Beach and wander out to Lynch Park.
This four family home is great for investors, or live in one of the units and rent out the other three.
The home was built circa 1800, has been well cared for and updated by the current owners. There are striking wood floors and the exterior has just been painted. All share a beautiful .25 acre yard that beckons to be enjoyed. There is plenty of parking with eight+ spaces, currently two for each unit.
Three units are four room, one bedroom units with an office. These single level sunny units share a foyer, have spacious kitchens, possess great detail and two have high ceilings. The detail of the fireplaces have been retained and electric fireplace inserts installed so they can be enjoyed.
The fourth unit located at the back of the property is a lead paint compliant two bedroom townhouse.
Each unit is currently rented below market value. This is also a potential condo conversion opportunity.
Contact John & Cindy Farrell to see this home. 978-468-9576
(Please note this is a bright and sunny home. The windows are covered in the photos because the exterior was in the process of being painted)