46 Federal St Active Save Request In-Person Tour Request Virtual Tour
Beverly,MA 01915
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! Located in an DESIGNATED OZ (OPPORTUNITY ZONE) 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