40 & 40R Stone St Pending Save Request In-Person Tour Request Virtual Tour
Beverly,MA 01915
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Pending
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
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
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
Building
Lot Description Other
Story 3
Foundation Other
Sewer Public Sewer
Water Public