There are multiple listings for this address:

7-11 Wallis St

Beverly, MA, 01915

$1,950,000

Beds

7 Baths

6,732 SqFt

0.1 Acres

Historical Mixed-Use Building! Discover an exceptional investment opportunity in this beautifully updated property in vibrant Downtown Beverly. This property features a prime first-floor commercial space with a valuable liquor license, central A/C,offering approximately 3,357 square feet of versatile space, ideal for a bar, restaurant, wedding venue, entertainment venue, or retail venture. The finished basement adds extra potential for storage or expansion.Additionally, there are three updated residential units: – Unit 1: A spacious three-bedroom with a remodeled kitchen, open-concept living area, in-unit washer/dryer, tiled bathroom, and high ceilings. – Unit 2: A bright one-bedroom unit with modern finishes, high ceilings, and in-unit laundry. – Unit 3: A large cozy studio with a flexible floor plan and a back porch.Each residential unit is modernized, ensuring a fresh atmosphere that attracts tenants.

Property Details

Price:

$1,950,000

MLS #:

73299777

Status:

Active

Beds:

Baths:

Address:

7-11 Wallis St

Type:

Commercial

Subtype:

4 Family

City:

Beverly

Listed Date:

Oct 8, 2024

State:

Finished Sq Ft:

6,732

Total Sq Ft:

6,732

ZIP:

01915

Lot Size:

4,317 sqft / 0.10 acres (approx)

Year Built:

1860

Schools

Interior

Exterior

Roof

Rubber

Financial

Net Operating Income

$98,910

Tax Year

2024

Taxes

$17,573

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Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

pegasusrealtyma@gmail.com

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of RealtyWorks. 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 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.

Rover IDX

7-11 Wallis St

Beverly, MA

7-11 Wallis St

Beverly, MA, 01915

$1,950,000

5 Beds

4.5 Baths

6,722 SqFt

0.1 Acres