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40 & 40R Stone St, Beverly, MA

Beverly · MA 01915

$4,000,000
Price
24
Beds
12
Baths
6772
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1973
Units: 12 Units
Lot size: 0.44 Acre Lot
Price per square foot: $591 / Sq.Ft
Parking: 12 Off Street Spaces

About this home

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.

Neighborhood & Transit

40 & 40R Stone St, Beverly · MA 01915

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Beverly Commuter Rail 1 route 0.41 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
299 days
Listing Price:
$4,000,000
Price per Sq.Ft:
$591
Tax Assessment:
$3,024,900 in 2025
Taxes:
$2,797 / Monthly

Home Facts

Interior Features

Bedrooms
24
Full Bathrooms
12
Half Bathrooms
0
Living Area
6,772 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6772
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered

Exterior Features

Lot Size
19,166 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
12 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard, Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Stephen Girolamo
Listing office
Horvath & Tremblay
MLS PIN #
73434528