9 days on rocket

7-11 Wallis St, Beverly, MA, 01915

$1,975,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 3 Partial
6,722 SqFt
$294/SqFt
Multi

Location

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7-11 Wallis St, Beverly$1,975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1860
CoolingCentral Air
BasementYes
WaterfrontBeach, Harbor, Ocean Front
ViewCity, Other
MLS #73299930
Lot Size0.10 Acres
StatusActive

About 7-11 Wallis St

Historical Mixed-Use Building! Discover an exceptional investment opportunity in this beautifully updated property in vibrant Downtown Beverly. This property features a prime first-floor commercial space with a valuable liquor license, central A/C,offering approximately 3,357 square feet of versatile space, ideal for a bar, restaurant, wedding venue, entertainment venue, or retail venture. The finished basement adds extra potential for storage or expansion.Additionally, there are three updated residential units: - Unit 1: A spacious three-bedroom with a remodeled kitchen, open-concept living area, in-unit washer/dryer, tiled bathroom, and high ceilings. - Unit 2: A bright one-bedroom unit with modern finishes, high ceilings, and in-unit laundry. - Unit 3: A large cozy studio with a flexible floor plan and a back porch.Each residential unit is modernized, ensuring a fresh atmosphere that attracts tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1860
  • Living Area: 6,722 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Evolution
  • Office Phone: (978) 927-8700
  • Listing Agent: Jarvid Cortes

Interior Features

Interior Information:

  • Appliances: Washer, Dryer
  • Basement: Yes
  • Flooring Type: Tile, Hardwood, Stone/Ceramic Tile
  • Interior: Crown Molding, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Open Floorplan, Remodeled, Internet Available - Fiber-Optic, Bathroom with Shower Stall, Storage, Smart Thermostat

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Beach, Harbor, Ocean Front
  • View: City, Other
  • Exterior: Balcony/Deck, Decorative Lighting

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Beverly High School, Public District Grades 9-12
  • Briscoe Middle School, Public District Grades 6-8
  • Hannah Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Park on corner of Cabot and Wallis, building on Wallis on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,975,000
  • Price Per SqFt: $294/SqFt
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Housing Market Comparison

See how this home compares to others in Beverly, MA.

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Beverly, MA

City

Med. Sold Price

$700K

Med. Price/SqFt

$431

Avg. Days On Market

30

# of Sold Homes

25

7-11 Wallis St vs Beverly

9 DAYS ON ROCKET

-21 Days

$1,975,000

+$1.2M More

$294/SqFt

-$137 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $137/SqFt less than other homes in Beverly, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73299930

Listing Office:

  • Office Name: Keller Williams Realty Evolution
  • Office Phone: (978) 927-8700
  • Listing Agent: Jarvid Cortes

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/18/2024, 12:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 19, 1993Home Sold
$215,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $935,600
2020 - $815,900
2019 - $737,200
2018 - $684,100
2017 - $627,700

History based on county public records data.

Payment Calculator

$9,925

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,988

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-643833
7
/10

  • Hannah Elementary School

  • 41R Brimbal Ave

  • 1.59 miles

  • Public District Grades KG-5

Middle School

school-card-donut-643834
4
/10

  • Briscoe Middle School

  • 7 Sohier Rd

  • 0.80 miles

  • Public District Grades 6-8

High School

school-card-donut-643835
3
/10

  • Beverly High School

  • 100 Sohier Rd

  • 1.24 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,807. Typical income of Beverly, MA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Beverly›01915›7-11 Wallis St

This home is located at 7-11 Wallis St in Beverly, MA and zip code 01915. This 6,722 square foot home, which was built in 1860, sits on a 0.10 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $1,975,000.

While more than 15 listings in Beverly, MA in September 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below. In September 2024 in Beverly, MA there were 9% less homes for sale than in August 2024. In September 2024 median list price was $700,000 and the average listing age was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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