Sold!
$1,020,000
8
Beds
2/2
Baths
2,924
Living Area
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Property Description
Prime investment opportunity in Beverly! This amazing two-unit multi-family property offers incredible income potential and endless possibilities, including the option to convert into two separate condo units. Each spacious unit features 4 bedrooms, 1.5 bathrooms, and in-unit laundry, providing both comfort and convenience for tenants or owner-occupants. Recent upgrades include two brand-new dishwashers in both units, a new washer/dryer in Unit 7, and recently replaced PolyComposite Vinyl railings on the front porch. The fenced-in backyard with a turf grass patio offers a low-maintenance outdoor space. With separate water, gas, and electric meters, this property is designed for easy management. Amazing location with close proximity to local shops, restaurants, parks, and beaches. Easy access to the the MBTA commuter rail Newburyport/Rockport line, making commuting a breeze! This is one you don’t want to miss!
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Highlights
- Cooling: Window Unit(s)
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1919
- Heating: Forced Air, Natural Gas
- Parking Spots: 4
- Property Type: 2 Family - 2 Units Side by Side
- Total Rooms: 14
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
- Construction: Conventional (2x4-2x6)
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Interior Entry, Bulkhead, Concrete, Unfinished
- Flooring: Tile, Hardwood, Stone/Ceramic Tile
- Interior Features: Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Smart Thermostat, Living Room, Kitchen, Laundry Room
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Cn
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, Private School, Public School, University
- Waterfront Features: Ocean, Unknown To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: Circuit Breakers, 200+ Amp Service, Other (See Remarks)
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $860,000
- Tax Year: 2025
- Total Rent: $7,400
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $9,451
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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 J. Barrett & Company.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
