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    20 Ropes St Beverly, MA 01915

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    For Sale
    $1,075,000

    Rare vacant three-unit building near shopping, dining, and public transportation.

    Lot size:
    0.11 Acres

    Property Features for 20 Ropes St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1915

    Source: Nina-Soto Realty, LLC Agent Cynthia Nina - Soto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Beverly Triplex Near Cummings Center

    This vacant three-unit building is located in Beverly, near the Cummings Center, with access to shopping, dining, and public transportation. Each unit features a classic layout with a living room, dining room, kitchen, two bedrooms, and one bathroom. Separate utilities for each unit allow for efficient management and control over expenses. A lead compliance certificate is in hand. The property offers flexibility for new owners to select their own tenants, renovate, or create multi-generational living. This property is suitable for investors seeking cash flow and long-term appreciation, or for owner-occupants looking to build equity while offsetting their mortgage with rental income.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8849038
    Latitude
    42.5581952

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    FAQs

    What type of property is this?
    Triplex - Rare vacant three-unit building near shopping, dining, and public transportation.
    Where is this triplex located?
    The property is located at 20 Ropes St Beverly, MA.
    What is the asking price?
    The asking price for this property is $1,075,000.
    What are key features of this property?
    This property features: - Delivered Vacant: Offers maximum flexibility for tenant selection, renovation, or multi-generational living; - Prime Location: Near Cummings Center with easy access to shopping, dining, and public transportation; - 3-Unit Building: Provides strong investment potential and/or owner-occupancy opportunities with rental income
    (978) 704-8691
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    20 Ropes St Beverly, MA 01915
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 Ropes St Beverly, MA 01915
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