Property summary
This exceptional investment opportunity presents a six-unit apartment building located at 122 Bridge Street in Beverly, Massachusetts. The property, built in 1920 and renovated between 2019 and 2021, comprises two buildings with two stories each, offering a total of 5,691 square feet, with 3,654 square feet of net rentable space. The building features a mix of unit sizes: three studios, one one-bedroom with a den, one two-bedroom, and one three-bedroom unit. Amenities include a balcony,… coin-operated laundry, eight surface parking spaces, and one garage. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $90,067, with a pro-forma NOI projected at $108,081. This translates to a 6.12% cap rate. The property is zoned R10 and sits on a prime location near the Cummings Center, Lahey Medical, and Beverly Depot, offering convenient access to major transportation routes including RT128, RT1A, RT1, RT62, and RT114. The asking price is $1,450,000. This value-add opportunity allows for significant upside potential through rent increases to market levels and potential unit renovations. The property benefits from strong demographics, with a nearby population of 42,318 and an average household income of $99,525. This offering presents a rare chance to acquire a property that has not been on the market for 31 years.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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