Movoto Real Estate
Sold on 08/27/2024

11 Summer St, Beverly, MA 01915

$1,451,000

Last sold 08/27/2024 for $1.21M

  • 5

    bed

  • 5

    bath

  • 3,681

    Sqft ($329/Sqft)

Multi-family not for sale

About 11 Summer St

Property type Multi-family
Year built 1890
HOA fee $0/month
Lot size 8,189 Sqft
Movoto estimate
Property description
Seller is willing to finance the purchase of this property for the right buyer. 5 1- bedroom units, located between Cabot and Rantoul Street, 6 electric meters, 6 gas meters, plenty of parking, Coin-op laundry in basement.
Listed by
Listing Agent - Paul Rallo
Listing Office - Keller Williams Realty Evolution
Source: MLS Property Information Network, Inc. mls logo
MLS#73278454 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
Overview
Heating Forced Air, Natural Gas, Hot Water
Levels/Style 5, 5
MLS # 73278454
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 3681
Lot Size (SqFt) 8189
Lot Size (Acres) 0.19
Annual Property Tax 9123
Year Built 1890
Interior
Total # of Bathrooms 5
# Full Baths 5
Total # of Bedrooms 5
Total # of Rooms 16
Laundry Gas Dryer Hookup
Flooring Wood, Plywood, Vinyl, Carpet, Laminate, Hardwood
Appliances Range, Refrigerator, Dishwasher
Interior Features Living Room, Kitchen
Window Features Insulated Windows
Exterior
Foundation Stone, Brick/Mortar, Granite
Roof Shingle
Construction Frame
Parking Desc Paved Drive, Off Street, Common, Stone/Gravel, Paved
# Parking Spaces 10
Patio/ Porch Porch
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Dryer
Electricity 220 Volts, Circuit Breakers, 100 Amp Service
Water Source Public
Location
Waterfront Harbor, 1/2 To 1 Mile To Beach, Beach Ownership(Public)
County Essex
Community Features Public Transportation, Medical Facility, T-Station
Zoning RMD
APN M:0020 B:0165 L:, 4183898
Directions Cabot Street To Summer Street
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Heat, Water), Unit 4(Heat, Water)
Net Operating Income 69000
Operating Expense 19900
Total Actual Rent 7470
Financial Data Source Estimated, Owner
Expense: Water/ Sewer 2000
Gross Income 89640
Expense: Electricity 350
Gross Scheduled Income 2600
Lot/ Land Details
Road Frontage Public
$1.45M
Range: $1.23M-$1.66M
Last 30 days 
  • Oct 2024
    mls logo MLS # 73278454
  • Oct 7, 2024 Sold
    $1,210,000 (-6.6%)
  • Aug 15, 2024 Listed
    $1,295,000
  • Year Property taxes Tax assessment
  • 2025
    $9,913 +8.7%
    $902,000 +11.03%
  • 2024
    $9,123 +3.6%
    $812,400 +3.85%
  • 2023
    $8,809 +8.6%
    $782,300 +17.36%
  • 2022
    $8,113 -0.4%
    $666,600 +3.93%
  • 2021
    $8,146
    $641,400
  • 11 Summer St
    $1.21M
  • 01915
    $739K +12% y/y
  • Beverly
    $729K +4% y/y
No chart available
Statistics calculated by Movoto

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4/10
Source: GreatSchools.org © 2026. All rights reserved.

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