46 Federal St new

Beverly,MA 01915

$ 899000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73396708

HOA Y/N false

Annual Tax Amount $5,910

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Residential

Property Description

ATTN: DEVELOPERS/BUILDERS/INVESTORS - Here is your next project! This RHD zoned downtown Beverly lot has an existing small Single Family home that can be removed to allow for the development of up to 6 residential apartments or condos. Seller has conceptual plans of a 3-story building that would allow for 12 parking spaces on ground level and 2 levels of living above with optional rooftop decks attached to top-floor units which would provide partial ocean views per seller / drone footage! ~7783 sq ft GFA. Plan should meet all required zoning regulations & setbacks so no need for zoning relief or variances. Buyer can determine whatever unit mix/layouts, exterior finishes & design they wish. Zoning requires 2 parking spots / unit so up to 6 units would be allowed by right here. Seller will work with buyer & have architect supply floor plans if desired. Amazing downtown Beverly location: steps to dining, shopping, festivals, 3 mins to beach.

Location

State MA

County Essex

Zoning RHD

Direction Off Rantoul Street

Exterior

Waterfront Description 1/2 to 1 Mile To Beach

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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