48 Federal Street #104, Suite 104 Downtown Beverly (Beverly, Massachusetts, US - 01915) Built

SALE PENDING $194,485

Affordable income and assets restrictions

Photos Map

Omega Ventures

Avi Glaser 617-970-2403 (Office) Request More Info

Please fill out the application and send with pre approval
Type: Condominium
Style: Apartment
Bedrooms: 1
Bathrooms: 1
Garage: Single, Attached "Additional outside parking spot"
Size: 815 sq. ft.
Development Level: Built
Year Built: 2005
Taxes: $2,396.00 (2023)
Condo Fees: $200.00

Description

First come first served!
Affordable income and assets restricted. One BR 1 bath spacious condo in the downtown of Beverly. Open-concept living and dining room with gleaming hardwood floors and the kitchen has granite counters and stainless steel appliances. Central AC, one garage one out side parking spot. New roof. Max annual gross income: family of: 1 person—$78,300; 2-$89,500. Max liquid assets $75,000, pre approved for a fixed mortgage. Application required. FHA & VA will not accept the deed rider.
Application and pre approval required as first step

Attachments

Highlights

Affordable home. Income and assets restrictions. Application and deed rider attached.

Features

Interior Features

Carpeted Floors
Hardwood Floors
Tile

Exterior Finish

Vinyl

Appliances

Dishwasher
Gas Range
Microwave
Refrigerator
Stove
Washer/Dryer Hookup

Cooling

Central Air

Heating

Forced Air
Natural Gas

Sewer/Water Systems

Public

Extra Features

Cable Available
Central Elevator
Garage Door Opener
Intercom
Pets Allowed (under 20 lbs.)
Reserved Parking

Main Floor Rooms

Living Room

20ft x 14ft
Hardwood

Dining area.

Kitchen

8ft x 8ft
Hardwood

Stainless steel appliances. Granit countertops

Master Bedroom

20ft x 14ft
Carpet

Full Bathroom

8ft x 5ft
Ceramic Tile

Garages / Outbuildings

Garage

Attached
1 vehicle stalls

Population

Total population	41,545
Male population	19,463
Female population	22,082
Median age	39.80
Median age (male)	40.60
Median age (female)	39.10

Marital status (Number of people who have the following marital status)

Never married	12,744
Married	16,715
Separated	523
Widowed	1,591
Divorced	3,628

Population by age

Under 15	6,867
Age 15 to 24	6,482
Ages 25 to 44	9,686
Ages 45 to 64	11,075
Age 65 and over	7,435

Population mobility

Live in the same house as 1 year ago	36,015
Moved from abroad	178
Moved from a different state	973
Moved from the same county	2,920
Moved from the same state	1,034

Population by poverty level

Above poverty level	33,825
Below poverty level (daily income under $1.90/day)	3,833

Employment

White collar	19,853
Blue collar	2,587

Class of worker

Self employed	2,085
Private company	14,754
Not for profit company	3,277
Government workers	2,324

Households

Total households	16,363
Family households	9,737
Non-family households	6,626
Households with children	4,441
Households without children	11,922
Average people per household	2.32

Education (Number of people who have achieved the following levels of education)

No high school	503
Some high school	8,696
Some college	6,776
Associate degree	2,987
Bachelors degree	9,642
Graduate degree	5,421

Income/Financial

Average household income	$122,885
Median household income	$89,076
Median income under 25	$74,387
Median income 25-44	$102,731
Median income 45-64	$112,532
Median income over 65	$51,728

Housing occupancy

Housing units	16,870
Occupied housing units	16,363
Owner occupied units	9,750
Renter occupied units	6,613
Median housing costs per month	$1,781
Median gross rent per month	$1,442

Housing by year built

Year built median	1957
Built before 1939	5,875
Built between 1940 and 1949	833
Built between 1950 and 1959	2,637
Built between 1960 and 1969	1,214
Built between 1970 and 1979	1,796
Built between 1980 and 1989	1,919
Built between 1990 and 1999	1,308
Built between 2000 and 2009	427
Built after 2010	861

Housing mortgage situation

Houses with mortgage	7,359
Houses without mortgage	2,391
Median value with mortgage	$490,200
Median value without mortgage	$461,000

Demographic data shown in this section was gathered from the 2021 American Community Survey and is deemed reliable but is not guaranteed. No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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Information is deemed to be correct but not guaranteed.