Listed by North Shore Realty Advisors
$1,885,000
7-11 WALLIS ST BEVERLY MA 01915-4436
Details
APN 11-218
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 6,722
Net Rentable (SqFt) 6,722
Cap Rate 4.21%
NOI $79,432
Lease Type Gross
Lease Term 5
Lease Expiration 12/31/2029
Remaining Term 3.6
Rent Bumps Yes
Pro-Forma NOI $83,000
Class B
Year Built 1860
Year Renovated 2023,2024,2025
Buildings 1
Stories 2
Lot Size (SqFt) 4,301
Zoning cc
Investment Type Value Add
Lease Commencement 01/01/2025
Ground Lease No
Rare Opportunity to own iconic downtown Beverly Mixed-Use | Downtown Beverly, MA
Marketing description
Mixed Use • 6,722 SF • 04/22/2016
Listing Contacts
Listed by North Shore Realty Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,432.00
$6,619.33/mo
Valuation Metrics
0
DSCR
4.21%
Cap Rate
4.21%
ROI
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