5 & 109 Tozer Rd & Dodge St Beverly, MA
$1,100,000
Square Feet 3,087
Acres 0.25
Description
Available for immediate acquisition this mixed-use property with an additional abutting potentially developable lot. Current income exceeds $8,000 monthly and $96,000 annually, not including the value-add. 109 Dodge Street is one commercial and residential mixed-use wood frame building situated on 11,020 +/- square feet of land being built around 1688, currently a dental practice on the first floor under lease until October of 2025 with one (1) 5-year option to renew and a 2-bedroom residential apartment above on a tenant-at-will basis. 5 Tozer Road is one residentially zoned parcel of land currently taxed and assessed as a parking lot having a land area of 13,540 square feet. The subject property is located in North Beverly Massachusetts, on the corner of Tozer Road and Dodge Street (Route 1A), accessible by Route 128 in about a two-minute drive time. See website for compete details and zoning information.
Listed by The Mega Group, Brian DApice
Details
MLS 73302907
Status Active
Price $1,100,000
DOM 56 days
Type Commercial
Square Feet 3,087 sqft
Lot Size 0.25 acres
Year Built 1688
Lot & Building Features
Tax Year 2023
Taxes Paid $14,443
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Financing
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6.75%
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per month
Principal & Interest
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.