FANTASTIC Downtown Beverly location! SELLER FINANCING OPTION! This two-family with income potential and room to add value! An excellent opportunity for an owner-occupant, investor, or contractor, this property features two spacious two-bedroom, one-bath apartments with eat-in kitchens and generously sized rooms. Newer separate heating and hot water systems, paid by tenants, support efficient ownership, while coin-operated basement laundry provides an additional income opportunity. A large backyard offers outdoor space and potential to explore an ADU, subject to applicable requirements and approvals. Tandem parking for two cars and a garage for storage add everyday convenience. Enjoy close proximity to downtown Beverly’s restaurants, shops, and entertainment, with Beverly Depot just minutes away for commuter rail access. Live in one unit and rent the other, or enhance the property’s long-term investment potential in a sought-after downtown location!
Great opportunity to own a centrally located 5-unit multifamily property in the heart of Beverly. The property features two 1-bedroom units, two 2-bedroom units, and a spacious 4-bedroom unit, offering a versatile mix of layouts and strong rental potential. Conveniently located near the area's restaurants, shops, and amenities, as well as Montserrat College of Art and the Beverly Commuter Rail Station. Dane Street Beach is also just a short distance away. Five off-street parking spaces add valuable convenience for tenants. An exciting opportunity for investors to own a centrally located multifamily property with potential upside through future rent growth and continued improvements.
Great 2 family well cared for in downtown area of Beverly with close proximity to public Transportaion and beach. Unit 1 vacant at time of listing and second floor is occupied with but will be vacant end of September.tenant. The home has updated appliances and cosmetics in both kitchens and bathrooms. The home was recently painted with stain over the last few years. The property has separate utilities updated and replaced furnace in in 2022 and water heater replaced. This property has all the beauty with great seaside breezes and a yard to relax in. As a bonus the home offers separate parking on both sides of home with small private yard that can be used exclusively for each tennet.
A four-unit multifamily property along Beverly's Cabot Street corridor — close to downtown dining, commuter rail, and North Shore amenities. The mix is two one-bedroom and two two-bedroom units. The property currently generates $6,680/month from the occupied units, with one unit vacant, and offers projected stabilized rents of approximately $8,080/month. Three of the four units may be delivered vacant, providing flexibility for owner-occupancy, renovation, repositioning, or a reset to market rents, while one unit is held by an existing fixed-term lease for immediate in-place income. A full attic level — accessed by two staircases, with high ceilings and finished dormers — offers substantial expansion potential, subject to permitting. Zoned CC — Central Business District, a value-add opportunity in a central, high-visibility Beverly location. Buyer to perform all due diligence regarding zoning, use, expansion, and future development potential.
Beverly is located in Massachusetts. Beverly, Massachusetts has a population of 42,448. Beverly is more family-centric than the surrounding county with 31.13% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Beverly, Massachusetts is $89,882. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Beverly is 40.4 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 47.3 inches per year, with 43.5 inches of snow per year.
