40 & 40R Stone St Beverly MA 01915 MLS #73434528

40 & 40R Stone St
Beverly, MA, 01915
$4,000,000
24 Beds
12 Baths
6,772 SqFt
0.44 Acres
$4,000,000
40 & 40R Stone St
Beverly, MA, 01915
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.

Property Details

Price:
$4,000,000
MLS #:
73434528
Status:
Pending
Beds:
24
Baths:
12
Address:
40 & 40R Stone St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
City:
Beverly
Listed Date:
Sep 23, 2025
State:
MA
Finished Sq Ft:
6,772
Total Sq Ft:
6,772
ZIP:
01915
Lot Size:
19,166 sqft / 0.44 acres (approx)
Year Built:
1973
Units:
12

Schools

Interior

Bathrooms
12 Full Bathrooms

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
Parking Features
Off Street
Parking Spots
12
Roof
Shingle

Financial

Net Operating Income
$258,303
Tax Year
2025
Taxes
$33,565
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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