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Sold on 07/24/2020

40 Central, Beverly, MA 01915

  • $1,700,000

    Last sold 07/24/2020 for $1.18M

  • 8

    bed

  • 5

    bath

  • 4,292

    Sqft ($275/Sqft)

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About 40 Central

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 8,494 Sqft
Movoto estimate
Property description
Great opportunity for investment, owner occupied or condo conversion. Rare 5 unit building close to Independence Park and a short distance to downtown and Commuter rail. This is an easy building to own. It has been consistently maintained, all utilities are separate, coin operated washer and dryer in basement, off street parking for 5+ cars, and always easy to rent. Two 2 bedrooms, two 1 bedrooms, and a 2 bedroom townhouse. Peeks of the ocean from 3 units. Basement is great for storage. Level yard with patio. See attached list of improvements/repairs. Due to Covid 19 protocol, exterior and common area showings only, with offers subject to viewing individual units within 48 hours of acceptance.
Listed by
Listing Agent - Robert Faulkner
Listing Office - Coldwell Banker Residential Brokerage - Manchester
Source: MLS Property Information Network, Inc. mls logo
MLS#72654769 • last updated 5 years ago
Movoto checked MLS Property Information Network, Inc. for data 24 minutes ago
Overview
Levels/Style 6
Type Multi-family
MLS # 72654769
SqFt 4292
Status Sold
SubType 5-9 Family
Lot Size (Acre) 0.19
Property Tax 11800
Year Built 1900
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 5, 5
Total # of Bedrooms 8, 8
Total # of Rooms 20, 21, 20
Basement Full, Crawl, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
# Fireplaces 2, 2
Exterior
Foundation Granite
Exterior Wood, Asbestos
Roof Asphalt/Fiberglass Shingles, Rubber
Construction Frame
Parking Desc Off-Street, Paved Driveway
# Parking Spaces 5
Exterior Features Porch, Deck - Wood, Patio, Gutters, Screens, Fenced Yard
Lot Desc Paved Drive, Level
Amenities / Utilities
Green Features: Energy Efficiency Insulated Windows
Electricity Circuit Breakers, Common, Individually Metered, 336
Utilities: Hot Water Natural Gas, Tank
Water Source City/Town Water
HOA Amenities Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House Of Worship, Marina, Private School, Public School, T-Station, University
Location
Waterfront Bay, Ocean, Public
Distance to Beach (mi.) 0 To 1/10 Mile
View Harbor, Ocean
County Essex
Middle School BMS
Elementary School Cove Elementary
High School BHS
APN 5-422, 4180723
Multifamily Details
# of Units 5
Unit 3 Rent 875
Unit 4 Rent 1000
Unit 2 Rent 1600
Unit 1 Rent 2100
Lot/ Land Details
Road Type Public, Paved, Publicly Maint., Sidewalk
Frontage 67
$1.7M
Range: $1.39M-$2M
Last 30 days 
  • Jul 2020
    mls logo MLS # 72654769
  • Jul 24, 2020 Sold
    $1,180,000 (-7.5%)
  • Jun 17, 2020 Under Agreement
    —
  • Jun 4, 2020 Contingent
    —
  • May 12, 2020 Listed
    $1,275,000
  • 40 Central
    $1.18M
  • —
  • 01915
    $739K +12% y/y
  • Beverly
    $749K -6% y/y
No chart available
Statistics calculated by Movoto

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4/10
Beverly High School
public Grades 9-12
Beverly School District
Source: GreatSchools.org © 2026. All rights reserved.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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