5-7 Bennett Street, Beverly MA 01915 – 8 bed 4 bath For Sale – 73338752
Overview
- Updated On:
- March 19, 2025
-
- 73338752
- 8 Bedrooms
- 3 Bathrooms
- 0 Garage Spaces
- 4 Non-Garage Parking Spaces
- 1919
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!
This property is listed by Zaki Greige from Lamacchia Realty, Inc.
Property Listing Details
Overview
| MLS Status | Pending |
|---|---|
| Price | $ 995,000 |
| Living Area | 2,924.00 ft2 |
| Bedrooms | 8 |
| Total Rooms | 14 |
|---|---|
| Listing MLS ID | 73338752 |
| Days on Market | 20 |
| Bathrooms | 3 |
Unit Information
| Bedrooms | 8 |
|---|---|
| Full Bathrooms | 2 |
| Half Bathrooms | 2 |
| Cooling | Window Unit(s) |
| Heating | Forced Air,Natural Gas |
| Uncovered Parking | 4 |
| Garage Parking | 0 |
| Water View | No |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Interior Entry,Bulkhead,Concrete,Unfinished |
| Patio And Porch Features | Porch |
| Parking Features | Paved Drive,Off Street,Paved |
| Waterview Features | |
| Flooring | Tile,Hardwood,Stone/Ceramic Tile |
Building Information
| Building Name | |
|---|---|
| Units in Building | 2 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | Beach Front,Ocean,Unknown To Beach,Beach Ownership(Public) |
| Association Fee Includes | |
| Construction Materials | Conventional (2x4-2x6) |
| Year Built | 1919 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Interior Entry,Bulkhead,Concrete,Unfinished |
| Roof | Shingle |
Additional Details
| Community Features | Public Transportation,Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Highway Access,Private School,Public School,University |
|---|---|
| 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 31,2025. See attached letters of full deleading compliance. |
| Last Updated | 2025-03-19T07:30:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | M:0020 B:0070 L:,4183804 |
| Original List Price | 995000 |
| Listing Office | lamacchia realty, inc. |
| Tax Annual Amount | 9451 |
|---|---|
| Tax Assessed Value | 860000 |
| Tax Book Number | 40943 |
| Tax Year | 2025 |
| Year Built Details | Actual |
| Year Built Source | Public Records |
| Zoning | CN |
| Listing Agent | zaki greige |
Amenities and Features
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5-7 Bennett Street, Beverly MA 01915 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
5-7 Bennett Street, Beverly MA 01915 – 8 bed 4 bath For Sale – 73338752
$ 995,000
Status: Pending
5-7 Bennett Street, Beverly MA 01915, Beverly, , Essex 01915
Country: US
Property Overview
MLS #: 73338752
Type: 2 Family - 2 Units Side by Side /
Action: Residential Income
Year Built: 1919 (Actual, Source: Public Records, Effective: )
Living Area: 2,924.00 ft2 (Total: 2924 Square Feet, Source: Public Records)
Lot Size: 0.09 ft2 (Area: 0.09 Acres, SqFt: 3942)
Total Rooms: 14
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 8 (Main Level: )
Bathrooms: Total: 3 (Full: 2, Half: 2, Decimal: 3, Main Level: )
Basement: Interior Entry,Bulkhead,Concrete,Unfinished
Fireplaces: 0 ()
Flooring: Tile,Hardwood,Stone/Ceramic Tile
Laundry: Electric Dryer Hookup,Washer Hookup
Window Features: Insulated Windows
Door Features: Insulated Doors
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials: Conventional (2x4-2x6)
Foundation: Stone (Area: 0)
Roof: Shingle
Stories: 4 (4)
Common Walls:
Body Type:
Utilities & Green Features
Heating: Forced Air,Natural Gas
Cooling: Window Unit(s)
Water Source: Public
Sewer: Public Sewer ()
Utilities: for Gas Range,for Electric Dryer,Washer Hookup
Electric: Circuit Breakers,200+ Amp Service,Other (See Remarks) (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient: Thermostat
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 0
Covered Spaces: 0
Parking Total: 4
Parking Features: Paved Drive,Off Street,Paved
Pool:
Spa:
Patio/Porch: Porch
Fencing: Fenced
Lot Features:
View: (, Waterview Y/N: No)
Waterfront: Beach Front,Ocean,Unknown To Beach,Beach Ownership(Public)
Road Frontage: ()
Road Surface: Paved
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Highway Access,Private School,Public School,University
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: CN ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
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!
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 2
Units Owner Occupied:
Unit 1: Beds: 4, Full Baths: 1, Half Baths: 1, Levels: 2, Rent: 3700, Lease: Y
Unit 2: Beds: 4, Full Baths: 1, Half Baths: 1, Levels: 2, Rent: 3700, Lease: Y
Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 9451 (Year: 2025)
Tax Assessed Value: 860000
Tax Block/Lot/Book/Map: 0070 / / 40943 / 0020
Parcel Number: M:0020 B:0070 L:,4183804
Special Licenses:
Current Financing:
Gross Income: 88800 (Scheduled: )
Net Operating Income: 88800
Operating Expense: (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available: No
Tenant Pays:
Rent Includes: Unit 1(Water),Unit 2(Water)
Total Actual Rent: 7400
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Zaki Greige (MLS ID: CN258623) / Team:
Listing Office: Lamacchia Realty, Inc. (MLS ID: AN6314)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-02-26
Expiration Date: 1900-01-01
Original List Price: 995000
Price Per SqFt (List): 340.29
Market Time (Property): 20 (Broker: 20, Prev Broker: 0, Prev Property: 0)
MLS Status: Under Agreement
Possession:
Directions: Yankee Division Hwy to Cabot St to Bennett St
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 31,2025. See attached letters of full deleading compliance., N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency: Inspection
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag: 1
Listing Alert: No
Square Feet Disclosures: Measurements are approximate (Incl. Base: No, Other: )
Master Book/Page: / (Page: 569)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date: 2025-04-16T04:00:00.000Z
Concessions Amount:
Purchase Contract Date: 2025-03-03
Sold vs Rent:
System Information
Property ID: 1815318
Modification Timestamp: 2025-03-19T07:30:00.000Z
Bridge Modification Timestamp: 2025-03-19T07:34:01.576Z
Original Entry Timestamp: 2025-02-26T18:30:00.000Z
Status Change Timestamp: 2025-03-18T07:05:00.000Z
Off Market Date: 2025-03-17
Development Status:
Business Type:
