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$1,200,000
Total Beds: 8 Total Baths: 4
Total Units: 3 SQFT: 2946
LOT size: 0.15 Acres
17 Bow Street
Beverly, MA 01915
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Property Description

An Investors Delight! This desirable downtown three-family with its 3-3-2-bedroom arrangement should provide a significant opportunity to amplify one’s cap-rate with its vast array of amenities. Highlighting this property find eight (8) plus parking, separate updated electric w/common meter, separate heat systems, separate hot-water systems, three-unit fire-suppression system, separate entrances, laundry in each unit, hardwood floors, low maintenance polished exterior with decks and a private fenced-in yard. Units are spacious and very functional with lots of natural lighting. All this in a convenient downtown location with shopping, business/city offices, acclaimed restaurants, Dane’s Beach, parks and the MBTA rail to Boston and beyond, yet on a quiet off-street from Beverly’s two main drives, Cabot St. and Rantoul St. (Route 1A). Unit 1 has an extra room in basement. Unit 2 has walk-up attic. First Open Houses, Saturday Feb 22nd and Sunday Feb 23rd 12:30 – 2:00 PM

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Amenities: Golf Course, Highway Access, House of Worship, Marina, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Full, Interior Access
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub & Shower, Ceiling Fans, Internet Available - Broadband, Lead Certification Available, Other (See Remarks), Slider, Stone/Granite/Solid Counters, Storage, Tile Floor, Walk-Up Attic
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Vent Hood, Washer, Washer Hookup
  • Common Heating: Active Solar, Central Heat, Electric, Electric, Electric Baseboard, Extra Flue, Extra Flue, Forced Air, Forced Air, Gas, Geothermal Heat Source, Heat Pump, Heat Pump, Hot Water Baseboard, Hot Water Radiators, Hot Water Radiators, Individual, Oil, Oil, Other (See Remarks), Space Heater, Steam, Wall Unit
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Gross Expenses: 4640
  • Electric Expenses: 240
  • Water/Sewer: 2200
  • INSC: 2200

Utilities

  • Heat Zones: 7
  • Electric Info: 100 Amps, 110 Volts, 220 Volts, At Street, Circuit Breakers, Common, Individually Metered, On-Site, Other (See Remarks), Other (See Remarks), Underground
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Electric Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1880
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wall to Wall Carpet
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73336911
  • Last Updated: 02/24/25
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Ana Silveira, J. Barrett & Company
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-02-24 03:05:00

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