$1,025,000

Estimated payment $6,067/month

5 Beds
3 Baths
1,819 Sq Ft
$563 Price per Sq Ft

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

Listing 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
  • 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

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
  • 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

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

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73502182

MLS Property Information Network (MLS PIN)
Your Personal Tour Guide

Ask me questions while you tour the home.