About this home
ATTN: DEVELOPERS/BUILDERS/INVESTORS - Here is your next truly "SHOVEL-READY" project W/ DEMO PERMIT IN HAND, & FULL BUILDING PERMIT SET COMPLETED! Located in a designated Opportunity Zone (OZ), this RHD-zoned downtown Beverly lot has an existing small Single Family home that is to be removed by Buyer to allow for the development of 5 Townhomes. Buyer can close with an actual BUILDING PERMIT IN HAND! Amazing downtown Beverly location: Literal steps to dining, shopping, festivals, 3 mins to beach.
Listing last checked: Listing updated:
Listed by David Cutler · North Shore Realty Pros · MLS #73588173
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Details at a glance
Interior1 property facts
- Basement
- Not reported
Building1 property facts
- Style
- Residential
Land & utilities5 property facts
- Lot size
- 0.18 acres
- Water
- Public, On-Site, At Street
- Sewer
- Public Sewer, On-Site, At Street
- Pool
- Not reported
- Zoning
- RHD
Financial2 property facts
- Annual taxes
- $5,878
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $1,250,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$6,811 / monthAdjust
- Principal & interest
- $6,321
- Property tax
- $490
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,878. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Exp
$899,000 · Jun 25, 2025
More property insights
Automated value estimate $1,201,688
Estimated range $1,097,351–$1,306,026.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: excellent
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About 46 Federal St
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Request a tour of 46 Federal St and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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