Prime 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!
Attention Investors! Downtown duplex that offers 4 bedrooms in each unit with in-unit laundry and hardwood floors, close to Endicott College and Monserrat School of Art. Completely renovated in 2012, new kitchens, bathrooms, windows, doors, siding, etc, this downtown duplex generates excellent rental income. Both units are de-leaded, letters of compliance in hand. New roof & heating systems. both water heater replaced recently. Sub-meters installed at water meter so tenants can pay water individually, good condo conversion potential. Sold As Is.
MLS PIN #71541959
Aug 30, 2013
Sold
$405,000
$139/sq ft
Aug 2, 2013
Contingent
—
Jul 25, 2013
Price Changed
$414,900
$142/sq ft
Jun 14, 2013
Listed
$419,900
$144/sq ft
+11
Large Duplex with 4 bedrooms each unit, Separate utilities including water , Modern Throughout. Excellent rental income, Great for owner occupant or investor. This is completely renovated property from top to bottom, all new Heat, hot water, interior walls and ceilings Nothing to do but collect rents $3800/month
MLS PIN #71261692
Oct 24, 2011
Sold
$90,000
$31/sq ft
Sep 15, 2011
Contingent
—
Aug 11, 2011
Price Changed
$110,000
$38/sq ft
Jul 14, 2011
Listed
$150,000
$51/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
—
Year built
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Style
Multi-Family (2-4 Unit)
County
Essex County
APN
M:0020 B:0070 L:,4183804
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Feb 26, 2025.
CN
Neighborhood Commercial District
The CN Neighborhood Commercial District is established principally to allow for limited commercial development adjacent to residential neighborhoods, intended to serve primarily those neighborhoods.
Laundry Features: Electric Dryer Hookup, Washer Hookup
Interior Features
# of Rooms (Total): 14
Door Features: Insulated Doors
Window Features: Insulated Windows
Flooring: Tile, Hardwood, Stone/Ceramic Tile
Interior Features: Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Smart Thermostat, Living Room, Kitchen, Laundry Room
Unit #1 Information
# of Levels: 2
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 2
# of Floors: 1
Lease: Y
Exterior
Building Information
Building Area (Total): 2,924
Foundation Details: Stone
Construction Materials: Conventional (2x4-2x6)
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Actual
Color: White
Exterior Features
Fencing: Fenced
Roof: Shingle
Patio And Porch Features: Porch
Property Information
PropertySubType: 2 Family - 2 Units Side by Side
Green Energy Efficient : Thermostat
Lot Information
Lot Size (Acres): 0.09
Road Surface Type: Paved
Financial
Tax Information
Tax Annual Amount: $9,451
Tax Year: 2025
Utilities
Utility Information
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, 200+ Amp Service, Other (See Remarks)
Heating & Cooling
Has Heating
Has Cooling
Heating: Forced Air, Natural Gas
Cooling: Window Unit(s)
Location
Location Information
Directions: Yankee Division Hwy to Cabot St to Bennett St
UnparsedAddress: 5-7 Bennett Street, Beverly MA 01915
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, Private School, Public School, University
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Essex County
APN: M:0020 B:0070 L:,4183804
Home facts updated by county records on Feb 26, 2025
Other
Miscellaneous Information
Heat Zones: 4
Listing Information
StandardStatus: Closed
Around this home
Schools
Ayers/Ryal Side School
Public K-4 • Assigned • 0.6mi
7/10
Briscoe Middle School
Public 5-8 • Assigned • 0.6mi
6/10
Beverly High School
Public 9-12 • Assigned • 0.5mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
6/10 Wind Factor
77% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Beverly, MA • 01915
Average low and high temperatures (°F)
33
21
36
21
49
33
56
41
66
51
77
61
82
66
77
60
72
57
63
46
53
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.09M – $1.32M
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