ATTN: DEVELOPERS/BUILDERS/INVESTORS – Here is your next project! 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.

Property Details

Price:
$899,000
MLS #:
73396708
Status:
Active
Beds:
0
Baths:
0
Address:
46 Federal St
Type:
Land
Subtype:
Residential
City:
Beverly
Listed Date:
Jun 25, 2025
State:
MA
ZIP:
01915
Lot Size:
8,006 sqft / 0.18 acres (approx)

Schools

Interior

Exterior

Financial

Tax Year
2025
Taxes
$5,910

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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46 Federal St
Beverly, MA