CCertihomes
15 River Street, Beverly, MA 01915

$1,800,000

4 beds 3 baths 3,918 sqft Built 188033 days on marketActive

About this home

Welcome to a rare and versatile mixed-use property in the heart of Beverly, MA, offering an auto repair shop with a three-bay garage alongside a charming multi-family home featuring three distinct units. This property is ideally located near major highways, providing convenient access for both business operations and residential living. This mixed-use property presents a unique opportunity to capitalize on dual income streams. Whether you're a seasoned investor or aspiring entrepreneur, don't miss out on the potential that this property offers. Start your journey towards business success and residential prosperity in this sought-after location.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$11,498/mo

Real estate (PITI + HOA + PMI)
$11,682
Principal + interest$8,164
Property tax + insurance$2,843
PMI / 2nd mortgage$675
Utilities
$551
Heating + cooling$114
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$157
$11,498/mo TLC
Budget$11,998/mo
Remaining after TLC$500/mo
Purchase price
$1,800,000
Down payment
$90,000 (5%)
Loan amount
$1,710,000
APR
4%

Quick facts

Type
3 Family
Style
Year built
1880
Lot size
Stories
4
Heating
Forced Air, Natural Gas, Ductless
Cooling
None
Water
Public
HOA
Annual tax
$12,914
MLS #
73222114
County
Essex

At a glance

Basement

Home features

Interior
Bathroom With Tub & ShowerBathroom with Shower StallLiving RoomKitchen
Exterior
Rain Gutters
Community
Public TransportationShoppingTennis Court(s)ParkWalk/Jog TrailsMedical FacilityLaundromatBike PathConservation AreaHighway AccessHouse of WorshipMarinaPublic SchoolT-Station
Parking
Paved
Flooring
Vinyl, Carpet, Wood
Roof
Shingle
Sewer
Public Sewer

Lot features

Level

Neighborhood — 01915

MetricThis ZIPCountyUSA
Population38,2346,444,931299,088,112
Population Change Since19906.00%7.00%20.00%
Population Density2,501786
Male18,1473,127,134147,432,321
Female20,0883,317,797151,655,844
Never Married8,4021,612,88563,775,926
Married15,5392,586,314123,120,365
Separated2,448247,85712,639,686
Widowed2,803363,59415,467,586
Divorced2,535436,88823,075,029
Number Of House Hold14,6652,431,591111,826,380
Average House Hold Size2.402.562.60
Medial Age37.5837.2535.46
Median House Hold Income$62,708$57,698$48,276
Average House Hold Income$79,282$75,023$63,629
P C I$33,342$29,196$24,529
M D I$51,956$48,105$41,133
A T H E$59,802$57,083$50,898
S T R5.00%5.00%
W C J83.23%81.38%77.74%
(Zip) Code
1915

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/10/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.