Z
Seller's Agent in 2025
Zaki Greige
Lamacchia Realty, Inc.
(781) 288-9011
1 in this area
2 Total Sales
5-7 Bennett St Beverly, MA 01915
Gloucester Crossing Neighborhood
8
Beds
4
Baths
2,924
Sq Ft
3,942
Sq Ft Lot
Highlights
- Golf Course Community
- Property is near public transit and schools
- Solid Surface Countertops
- Medical Services
- Wood Flooring
- Jogging Path
About This Home
As of April 2025Prime 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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,451
Year Built
- Built in 1919
Lot Details
- 3,942 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,924 Sq Ft Home
- Property has 2 Levels
- Insulated Windows
- Insulated Doors
- Living Room
Kitchen
- Range
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Interior Basement Entry
- Block Basement Construction
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
- Porch
Utilities
- Window Unit Cooling System
- 4 Cooling Zones
- Forced Air Heating System
- 4 Heating Zones
- Heating System Uses Natural Gas
- 200+ Amp Service
Additional Features
- Energy-Efficient Thermostat
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $7,400
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:0020 B:0070 L:,4183804
- Tax Block 0070
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $88,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2025
Closed on
Apr 16, 2025
Sold by
Torres Jomar V and Torres Monica
Bought by
Sary Sarak and Yen May
Seller's Agent
Zaki Greige
Lamacchia Realty, Inc.
Buyer's Agent
Justina Oliver
J. Barrett & Company
List Price
$995,000
Sold Price
$1,020,000
Premium/Discount to List
$25,000
2.51%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,165
Avg. Annual Appreciation
-0.43%
Original Mortgage
$765,000
Outstanding Balance
$760,201
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$256,634
Purchase Details
Listed on
Mar 25, 2022
Closed on
May 18, 2022
Sold by
5-7 Bennett Street Rt and Moisakis
Bought by
Torres Jomar V and Torres Monica
Seller's Agent
Stephanie Moisakis
Medford Realty Group
Buyer's Agent
Samyr Rojas
eXp Realty
List Price
$924,999
Sold Price
$905,000
Premium/Discount to List
-$19,999
-2.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$883,727
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Listed on
Jun 14, 2013
Closed on
Aug 30, 2013
Sold by
Lbq Properties Llc
Bought by
5-7 Bennett Street Rt and Moisakis
Seller's Agent
Rich Powers
Toner Real Estate, LLC
Buyer's Agent
Rich Powers
Toner Real Estate, LLC
List Price
$419,900
Sold Price
$405,000
Premium/Discount to List
-$14,900
-3.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Purchase Details
Closed on
Feb 15, 2013
Sold by
Quinn Jeffrey J and Quinn Mary E
Bought by
Lbq Props Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,200
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 7, 2012
Sold by
Lbq Props Llc
Bought by
Quinn Jeffrey J and Quinn Mary E
Purchase Details
Closed on
Oct 24, 2011
Sold by
Hubbard Michael
Bought by
Lbq Props Llc
Purchase Details
Closed on
Feb 7, 1995
Sold by
Moore Donald W
Bought by
Hubbard Michael
Purchase Details
Closed on
Dec 30, 1992
Sold by
Moore Donald W
Bought by
Moore Shirley P
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,020,000 | None Available | |
| Quit Claim Deed | $1,020,000 | None Available | |
| Quit Claim Deed | $1,020,000 | None Available | |
| Quit Claim Deed | $905,000 | None Available | |
| Quit Claim Deed | $905,000 | None Available | |
| Quit Claim Deed | $405,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $90,000 | -- | |
| Deed | $90,000 | -- | |
| Deed | $70,700 | -- | |
| Deed | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $765,000 | Purchase Money Mortgage | |
| Closed | $765,000 | Purchase Money Mortgage | |
| Previous Owner | $883,727 | FHA | |
| Previous Owner | $443,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $1,020,000 | +2.5% | $349 / Sq Ft | |
| 03/03/2025 03/03/25 | Pending | -- | -- | -- | |
| 02/26/2025 02/26/25 | For Sale | $995,000 | +9.9% | $340 / Sq Ft | |
| 05/18/2022 05/18/22 | Sold | $905,000 | -2.2% | $310 / Sq Ft | View Prior Sale |
| 03/26/2022 03/26/22 | Pending | -- | -- | -- | |
| 03/25/2022 03/25/22 | For Sale | $924,999 | +128.4% | $316 / Sq Ft | |
| 08/30/2013 08/30/13 | Sold | $405,000 | -3.5% | $139 / Sq Ft | View Prior Sale |
| 07/31/2013 07/31/13 | Pending | -- | -- | -- | |
| 06/14/2013 06/14/13 | For Sale | $419,900 | -- | $144 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,451 | $860,000 | $355,000 | $505,000 |
| 2024 | $8,935 | $795,600 | $290,600 | $505,000 |
Source: Public Records
Agents Affiliated with this Home
-
Zaki Greige
-
Justina Oliver
J
Buyer's Agent in 2025
Justina Oliver
J. Barrett & Company
(781) 258-3853
1 in this area
15 Total Sales
-
Stephanie Moisakis
Seller's Agent in 2022
Stephanie Moisakis
Medford Realty Group
(617) 233-7757
1 in this area
4 Total Sales
-
S
Buyer's Agent in 2022
Samyr Rojas
eXp Realty
-
Rich Powers
Seller's Agent in 2013
Rich Powers
Toner Real Estate, LLC
(781) 608-6628
103 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73338752
APN: BEVE-000020-000070
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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