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22 Chase St, Beverly, MA 01915

8 Bed, 5 Bath Multi-Family Home For Sale

22 Chase St, Beverly, MA 01915 House For Sale - MLS #72450796
$900,000
8
5
Multi-Family
5+ Family
5

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Property Description for 22 Chase St, Beverly, MA 01915

Here is your next income property: 5 units in great condition, with (4) 4 room, 1 & 2 bedroom units plus the 3rd floor larger 2 bedroom. Plenty of parking in the heart of downtown, just a few blocks to the Beverly Depot commuter rail, Cummings Center & Dane Street Beach. With Gross Income of: $88,800 per year, this is a great way to reap the benefits of passive income, monthly profit, tax benefits of depreciation, yearly pay-down (by tenants!) and typical market appreciation. This purchase could return 20% on your investment with reasonable 5 year projections. Call or click today! 6 more units available for a package: See MLS # 72450785

Interior Details

3,518 sq. ft.
$255.83/sq. ft.

Exterior Details

0.11 acres
5,001 sq. ft.
8

Other Details

72450796
1900

Units Description

Unit #1
Rooms: 4      Bedrooms: 1      Full / Half Baths: 1      Levels: 1      Floor: 1      Rent: $1,000      Lease: Yes
Rent Includes : Heat

Unit #2
Rooms: 4      Bedrooms: 1      Full / Half Baths: 1      Levels: 1      Floor: 1      Rent: $1,150      Lease: Yes
Rent Includes : Heat

Unit #3
Rooms: 4      Bedrooms: 1      Full / Half Baths: 1      Levels: 1      Floor: 2      Rent: $1,400     
Rent Includes : Heat

Unit #4
Rooms: 4      Bedrooms: 1      Full / Half Baths: 1      Rent: $1,400     
Rent Includes: Heat

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(20%)

Monthly Mortgage Payments

$4,088
$5,694

MBTA> Stations Stops

Beverly Depot
0.37 miles
Montserrat
0.92 miles
Salem
2.11 miles
North Beverly
2.12 miles
Prides Crossing
2.99 miles

Town Description

Founded in 1626, the City of Beverly is one of the oldest communities in the state. Residents describe their city as the birthplace of the United States Navy, noting that the first ship commissioned...

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