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5-7 Bennett St, Beverly, MA

Beverly · MA 01915

$1,020,000
Price
8
Beds
3
Baths
2924
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1919
Units: 2 Units
Lot size: 3,942 Sq.Ft Lot
Price per square foot: $340 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

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!

Neighborhood & Transit

5-7 Bennett St, Beverly · MA 01915

Nearby transit

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

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
615 days
Listing Price:
$995,000
Price per Sq.Ft:
$340
Tax Assessment:
$860,000 in 2025
Taxes:
$788 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
2
Half Bathrooms
2
Living Area
2,924 Sq.Ft
Broker Disclosure about Living Area
Measurements are approximate
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2924
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 200 Amps, Other (See Remarks)

Exterior Features

Lot Size
3,942 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
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
Zaki Greige
Listing office
Lamacchia Realty, Inc.
MLS PIN #
73338752
Disclosure
Buyers and buyers agent to do due diligence. Please see attachments. Some images have been virtually enhanced. Both units are tenant occupied with leases expiring May 31, 2025. See attached letters of full deleading compliance.
Disclosure
Measurements are approximate