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$4,000,000

Est. payment - /mo

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24 Beds

12 Baths

6,772 SqFt

New

40 & 40R Stone St Beverly, MA 01915

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Tara Wilstein

tara@wilsteinbradshaw.com +1(617) 510-7098

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Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 6,772 sqft

Price per Sqft $590

MLS Listing ID 73434528

Bedrooms 24

Full Baths 12

Year Built 1973

Annual Tax Amount $33,565

Tax Year 2025

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

40 & 40R Stone St contains 12 total 2-Bedroom/1-Bathroom units with 6,772 square feet of gross living area and 12,358 square feet of gross area. Each building contains 6 units apiece, is situated upon a 0.44-acre parcel and offers ample parking with 12 spaces available. The Property is separately metered for electricity, which tenants pay directly. Heat and hot water utilities are a mix of electric & oil powered. 40R Stone Street is separately metered for heat, while 40 Stone Street is centrally metered and the Landlord is responsible. The Landlord is responsible for city water and sewer. The Properties are well-positioned within Beverly, MA, offering strong visibility in a vibrant North Shore community. The location is supported by a diverse mix of retail, dining, and community amenities, with Beverly's downtown, beaches, and cultural destinations nearby. This accessibility and amenity rich environment enhance tenant appeal and long-term stability.

Location

State MA

County Essex

Zoning RMD

Direction Please use GPS

Exterior

Community Features Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Waterfront Description Harbor,1/10 to 3/10 To Beach,Beach Ownership(Public)

Roof Type Shingle

Total Parking Spaces 12

Garage No

Building

Lot Description Other

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Horvath & Tremblay

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Tara Wilstein

Agent | License ID: 9075036

+1(617) 510-7098

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40 & 40R Stone St Beverly, MA 01915

Tara Wilstein

Key Details

Location

Exterior

Building

Others

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40 & 40R Stone St