12 Newbury St
$1,050,000
6
Beds
3
Baths
3,214
Sqft
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$1,050,000
6
Beds
3
Baths
3,214
Living Area
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Property Description
Not your average two-family home! Recently updated and well maintained 6 bedroom, 2-3 family property with two-car detached garage in prime Beverly location presents an excellent opportunity to add to your portfolio as an investor, owner-occupant buyer, or convert to condos. Rarely does a multi-family property bring this much curb appeal and charm, blending in seamlessly to a quiet Montserrat/Cove neighborhood with mostly single family homes. The first unit, at roughly 1,225 sqft, offers a large, eat-in kitchen with living room, dining room, two bedrooms and full bath. The "owner's unit" on the 2nd floor provides a similar layout but with an updated kitchen, full bath with beautifully tiled shower and flooring, refinished pine flooring, and a private balcony. A bonus third level offers potential for additional income as an in-law/guest suite or extension of unit two with two additional bedrooms, kitchenette, and full bath. The first and second floor interior is highlighted by Colonial era features and detail -- mouldings, wainscoting, bullseye trim, built-ins, and high ceilings -- while both units have dedicated outdoor space for potential future exclusive use areas as well as front and side yards with irrigation system. A full unfinished basement offers ample storage for both units and separate laundry machines. At the center of everything Beverly has to offer including the commuter rail (0.4mi), a lively downtown (0.7mi), beaches (1mi), Beverly Hospital (1.1mi) and Woodbery Food Market around the corner, don't let this one get away!
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Highlights
- Area: Montserrat
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Heating: Central, Forced Air, Natural Gas, Unit Control, Steam
- Parking Spots: 6
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 14
- Status: Active
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
- Construction: Frame, Stone
- Exterior Features: Balcony/Deck, Balcony, Rain Gutters
- Foundation: Stone
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Sump Pump, Concrete, Unfinished
- Exclusions: See Addendum.
- Flooring: Tile, Carpet, Hardwood, Pine, Stone/Ceramic Tile
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Measured
- Year Built Details: Actual
- Zoning: R10
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Amenities
- Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, House of Worship, Public School, T-Station
- Parking Features: Off Street, Paved
- Covered Parking Spaces: 2
- Waterfront Features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $913,400
- Taxes: $9,874
- Tax Year: 2026
- Total Rent: $6,500
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Coldwell Banker Realty - Beverly.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.