47 Railroad Ave, Beverly MA 01915

Beverly, MA 01915
$1,300,000
Est. $6,919/month
8
Beds
5
Baths
3,666
Sq Ft
$355
Price/Sq Ft
0.20
Acres
1905
Year Built
5+ Family - 5+ Units Up/Down
Type
163
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73150875

About this home

Excellent investment oppurtunity knocks for this well maintained 5 unit building in the heart of Beverly. Perfectly located on a quiet side street between Rantoul and Cabot, 1 block from the Beverly Commuter rail stop, and steps to all of Beverly's great restaurants, shops, and bars. This building features five lovely units of varying sizes with wonderful tenants. Plenty of off street parking, a covered back porch, side yard, full basement with separate storage areas for tenants, and coin op washer and dryer that will remain. Blown in isulation installed throughout the building in 2022, Many cosmetic updates have already been done incuding some new kitchens and baths, refinishing of hardwood floors, new bedroom added in 3rd floor unit, and new basement stairs. Group showings will be scheduled for pre-approved buyers. Video tours availabe also!

Sale Statistics

Sale Overview
Original List Price: $1,299,000
Final Sale Price: $1,300,000
Difference: +$1,000 (+0.1%)
Performance Metrics
100.1%
List to Sale Ratio
Sold above asking price
163
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $354
Sale $/sq ft: $355
This property sold for $355 per square foot
Sale Summary

This property sold for 0.1% above the original asking price, indicating strong buyer demand.

At 163 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1905
Bedrooms
8
Full Bathrooms
5
Living Area
3,666 sq ft
Total Rooms
19
Stories
3
Levels
3

Interior Features

Flooring
Wood, Tile, Laminate, Hardwood
Heating
Natural Gas
Has Heating
Yes
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Washer, Dryer, Range, Refrigerator, ENERGY STAR Qualified Dishwasher, Dishwasher
Interior Features
Pantry, Bathroom With Tub & Shower, Remodeled, Bathroom with Shower Stall, Upgraded Countertops, Living Room, Kitchen, Dining Room
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full
Window Features
Insulated Windows

Exterior & Structure

Foundation
Stone
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
1 to 2 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.20 acres
Lot Size
8,793 sq ft
Lot Size Area
0.2000
Lot Features
Gentle Sloping

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
7
Parking Features
Off Street

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,972
Tax Year
2023
Tax Assessed Value
$885,600
Parcel Number
M:0005 B:0142 L:,4180428
Zoning
RHD

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Fireplaces are decorative, all appliances belong to the property and will remain

Location

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Neighborhood

47 Railroad Ave, Beverly MA 01915

Beverly, MA 01915

Walkability

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Schools

School information not available

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $831
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0.1%
Price Range
163
Total Days on Market

Property Timeline

Sold
Feb 21, 2024
$1,300,000
Property sold
Days on Market: 163
🏠
Listed for Sale
Aug 22, 2023
$1,299,000
Original listing
Office: Clements Realty Group

Price & Status History

Date Event Price Change
Aug 22, 2023 New Listing Added $1,299,000

Market Statistics

Days on Market
163 days
Price per Sq Ft
$355

Tax History

Year Taxes Assessment
2023 $9,972 $885,600

Financial Details

Annual Property Tax
$9,972
Tax Year 2023
Assessed Value
$885,600

Listing Information

Listing Agent Jeanna Alimonti
Listing Office Clements Realty Group
Agent MLS ID C9501333
Office MLS ID C95263

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