109 Dodge St Beverly, MA 01915-1053
Property profile & analytics
109 Dodge St Beverly, MA 01915-1053
- Investment properties
- 3,087 SF
- 0.25 lot acres
Property ID
US38-1589065
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 109 Dodge St
- Construction
- FRAME
- Lot size
- 0.25 lot acres
- Property size
- 3,087 SF
- Zone code
- R10
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- BEVE M:0067 B:0093 L:
- APU
- BEVEM0067B0093L
Description
This mixed-use property in Beverly, Massachusetts, presents a compelling investment opportunity. The offering includes two parcels totaling 24,560 square feet. The main parcel, 109 Dodge Street, features a 5,595 square foot, two-unit building constructed around 1688. Currently, the ground floor houses a dental practice under lease until October 2025, with a five-year renewal option. Above is a two-bedroom residential apartment on a month-to-month tenancy. The second parcel, 5 Tozer Road (13,540 sq ft), is zoned residentially and currently used as a parking lot. Both parcels are zoned R-10, allowing for single-family residences at urban density. The property's location at the corner of Tozer Road and Dodge Street (Route 1A) provides convenient access to Route 128 via Route 1A (approximately a two-minute drive). Recent development approvals in the immediate vicinity suggest potential for redevelopment or expansion. The asking price is $1,100,000, translating to $196.60 per square foot. This represents a 100% occupied, value-add investment with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,040,000
- 6.5%
- $960,000
- 7%
- $895,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $959,000
Market price range: $517k - $1.85M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $930,000 Current use
- OFFICE BUILDING
- $795,000 Change: -15% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Beverly
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.8865
- Latitude
- 42.58
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$0.00
$312,500
$341,900
$654,400
-
$0.00
$0.00
$0.00
