36 Stone St Beverly, MA 01915
Downtown Beverly NeighborhoodEstimated payment $6,067/month
Highlights
- Beach Front
- Golf Course Community
- Wood Flooring
- Marina
- Property is near public transit and schools
- 3-minute walk to Independence Park
About This Home
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,136
Year Built
- Built in 1900
Lot Details
- 4,844 Sq Ft Lot
- Beach Front
- 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
- Block Basement Construction
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
Additional Features
- Walking Distance to Water
- Property is near public transit and schools
Listing and Financial Details
- 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
- Golf Course Community
- 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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2026 04/15/26 | For Sale | $1,025,000 | -- | $563 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73502182
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Ask me questions while you tour the home.