$983,000
SOLD JUN 1, 2026
5 Beds
3 Baths
1,819 Sq Ft
4,844 Sq Ft Lot

Sale Details

Date Sold: June 1, 2026

$540 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Marina
  • Property is near golf course, public transit, and schools
  • 1 Fireplace
  • Property is near a beach
  • Wood Flooring
  • 3-minute walk to Independence Park

About This Home

As of June 2026

Exceptional opportunity to own a well-maintained three-family property in one of Beverly's most desirable locations - just moments from beaches, parks, downtown and the commuter rail. This charming multi-family offers a versatile unit mix with two 2-bedroom units and one 1-bedroom unit, making it ideal for both investors and future owner occupants seeking strong rental income. Each unit has been consistently rented and cared for. Additional income is generated by a detached garage currently leased for $250/month to a local small business owner. The garage footprint and lot size may offer future potential for expansion or an accessory dwelling unit (ADU), subject to local approvals. A site plan is available for reference. Most recent improvement includes a brand new high efficiency furnace. Roof replaced in 2013. Off street parking provides one dedicated space per unit. A rare opportunity to invest in a prime Beverly location with immediate income and long-term upside potential

Last Agent to Sell the Property

Christina Frost

Portside Real Estate Group Listed on: 04/15/2026

Last Buyer's Agent

Christina Frost

Portside Real Estate Group Listed on: 04/15/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,136

Year Built

  • Built in 1900

Lot Details

  • 4,844 Sq Ft Lot
  • Gentle Sloping Lot
  • Garden

Parking

  • 1 Car Garage
  • Driveway
  • 3 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,819 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Family Room
  • Living Room
  • Wood Flooring

Kitchen

  • Range
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Property is near a beach
  • Walking Distance to Water

Location

  • Property is near golf course, public transit, and schools

Schools

  • Cove Elementary School
  • Beverly Middle School
  • Beverly High School

Utilities

  • Window Unit Cooling System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • High Speed Internet
  • Internet Available

Listing and Financial Details

  • Total Actual Rent $7,050
  • Rent includes unit 1(heat electric water), unit 2(heat water), unit 3(heat water)
  • Assessor Parcel Number M:0005 B:0376 L:

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park

Building Details

  • Electric Expense $1,000
  • Insurance Expense $4,604
  • Water Sewer Expense $1,328
  • Operating Expense $16,193
  • Net Operating Income $68,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,136

Year Built

Built in 1900

Lot Details

4,844 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Laundry Room, Internet Available - Unknown, Stone/Granite/Solid Counters, Internet Available - Satellite, Living Room, Kitchen, Family Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Washer, Dryer, Range, Refrigerator
  • Total Bedrooms: 5
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 1819
  • Living Area: 1819
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN8932
  • MAIN SO: AN8932

Exterior Features

  • Exterior Features: Garden, Other
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Access, Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking Spaces: 3
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Heat,Electric,Water), Unit 2(Heat,Water), Unit 3(Heat,Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1328

Lot Info

  • Parcel Number: M:0005 B:0376 L:
  • Zoning: RMD
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4844
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7136

Multi Family

  • Electric Expense: 1000
  • Insurance Expense: 4604
  • Net Operating Income: 68407
  • Number Of Units Total: 3
  • Operating Expense: 16193
  • Total Actual Rent: 7050
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

MLS Schools

  • High School: Beverly High
  • Elementary School: Cove Elementary
  • Middle Or Junior School: Beverly Middle
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2026 06/01/26 Sold $983,000 -4.1% $540 / Sq Ft
04/24/2026 04/24/26 Pending -- -- --
04/15/2026 04/15/26 For Sale $1,025,000 -- $563 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73502182

MLS Property Information Network (MLS PIN)
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