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5-7 Bennett Street

Beverly, MA 01915
  • $995,000
  • STATUS: Under Agreement
  • MLS #: 73338752
Pending
UPDATED: 17 min ago
$995,000
  • 8
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 2,924
    SQFT
  • $340
    $/SQFT
Type:
Multi-Family
Built:
1919
County:

School Ratings & Info

Listing courtesy of Zaki Greige of Lamacchia Realty, Inc..

Description

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!

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2025-03-18T17:04:05.507.
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5-7 Bennett Street Beverly, MA 01915

  • Price: $995,000
  • Status: Under Agreement
  • On Site: Days
  • Updated: 17 min ago
  • MLS #: 73338752
8
Beds
2
Baths
2
½ Baths
0.09
Acres
2,924
SQFT
$340
$/SQFT
1919
Built
County:
Essex
Property Description
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!
Exterior Features

Color White Construction Materials Conventional (2x4-2x6) Covered Spaces 0 Fencing Fenced Garage YN No Levels 4 Open Parking YN Yes Parking Features Paved DriveOff StreetPaved Parking Total 4 Patio And Porch Features Porch Road Surface Type Paved Roof Shingle Spa YN No Waterfront Features Beach FrontOceanUnknown To BeachBeach Ownership(Public) Waterfront YN No

Interior Features

Appliances RangeDishwasherDisposalRefrigeratorWasherDryer Basement Interior EntryBulkheadConcreteUnfinished Building Area Total 2924 Cooling Window Unit(s) Cooling YN Yes Cooling Zones 4 Door Features Insulated Doors Fireplace YN No Fireplaces Total 0 Flooring TileHardwoodStone/Ceramic Tile Foundation Area 0 Foundation Details Stone Heat Zones 4 Heating Forced AirNatural Gas Heating YN Yes Interior Features PantryStone/Granite/Solid CountersBathroom With Tub & ShowerSmart ThermostatLiving RoomKitchenLaundry Room Laundry Features Electric Dryer HookupWasher Hookup Lead Paint Unknown Rooms Total 14 Window Features Insulated Windows

Property Features

Community Features Public TransportationShoppingParkWalk/Jog TrailsGolfMedical FacilityLaundromatHighway AccessPrivate SchoolPublic SchoolUniversity Contingency Inspection Disclosures 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 312025. See attached letters of full deleading compliance. Electric Circuit Breakers200+ Amp ServiceOther (See Remarks) Green Energy Efficient Thermostat Gross Income 88800 Home Warranty YN No Net Operating Income 88800 Property Sub Type 2 Family - 2 Units Side by Side Rent Includes Unit 1(Water)Unit 2(Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 9451 Tax Year 2025 Total Actual Rent 7400 Utilities for Gas Rangefor Electric DryerWasher Hookup Water Source Public Year Built Details Actual Year Round Yes Zoning CN

Listing information © 2025 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Zaki Greige of Lamacchia Realty, Inc.: 978-993-3600.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2025-03-18T17:04:05.507.
 
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Charlesgate Realty Group
867 Boylston Street, Fl 3
Boston MA, 02116
Listing courtesy of Zaki Greige of Lamacchia Realty, Inc..