240 PEARL ST
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Location
240 PEARL ST
Mblu
61/ D/ 2/ /
Acct#
07277161
Owner
GILMAN SQUARE ASSOCIATES
Assessment
$19,607,600
PID
873
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$18,214,400$1,393,200$19,607,600

Owner of Record
OwnerGILMAN SQUARE ASSOCIATES
Co-OwnerC/O E P MANAGEMENT CORP
Address7 TOZER RD
BEVERLY, MA 01915
Sale Price$4
Certificate
Book & Page 14742/0017
Sale Date09/30/1982

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
GILMAN SQUARE ASSOCIATES$4 14742/001709/30/1982

Building Information
Building 1 : Section 1
Year Built: 1983
Living Area: 77,058
Replacement Cost: $22,255,611
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$17,804,500
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +20
Stories:6
Occupancy86.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Struct Class 
Bldg UseAPT OVER 8 MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
Extra Kitch' 
1st Floor Use:112C
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 64,215 64,215
BASFirst Floor 12,843 12,843
FGRGarage, Finished 12,843 0
FOPPorch, Open, Finished 64 0
   89,965 77,058

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR2WET/CONCEALED77058.00 S.F.$246,6001
ELV1ELEV-PASS 2-32.00 UNITS$137,6001
SPR1WET/OPEN12843.00 S.F.$25,7001

Land
Land Use
Use Code112C
DescriptionAPT OVER 8 MDL-94  
ZoneUR
Neighborhood7012
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.58
Frontage0
Depth0
Assessed Value$1,393,200

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$18,214,400$1,393,200$19,607,600
2025$17,472,700$1,367,400$18,840,100
2024$17,472,700$1,367,400$18,840,100

Regarding Parcel: Mblu : 61/ D/ 2/ / Location : 240 PEARL ST

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