40 & 40R Stone St, Beverly MA 01915

Beverly, MA 01915
$4,000,000
Est. $23,223/month
24
Beds
12
Baths
6,772
Sq Ft
$591
Price/Sq Ft
0.44
Acres
1973
Year Built
5+ Family - 5+ Units Side by Side
Type
26
Days on Market
Pending Listed Sep 23, 2025 • MLS# 73434528 Copied!

About this home

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 Overview

Property Type
5+ Family - 5+ Units Side by Side
Listing Type
For Sale
Year Built
1973
Bedrooms
24
Full Bathrooms
12
Living Area
6,772 sq ft
Total Rooms
48
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Side by Side
Year Built 1973
Living Area 6,772 sq ft
Lot Size 0.44 acres
Bedrooms 24
Full Baths 12
Total Rooms 48

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street
Total Spaces 12

Utilities

Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $33,565
Assessed Value $3,024,900

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1973
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Other
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Oil, Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 12
Parking Features: Off Street

Location

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Neighborhood

40 & 40R Stone St, Beverly MA 01915

Beverly, MA 01915

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,797
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Sep 23, 2025
$4,000,000
Original listing
Agent: Stephen Girolamo Office: Horvath & Tremblay

Price & Status History

Date Event Price Change
Sep 23, 2025 New Listing Added $4,000,000

Market Statistics

Days on Market
26 days
Price per Sq Ft
$591

Tax History

Year Taxes Assessment
2025 $33,565 $3,024,900

Financial Details

Annual Property Tax
$33,565
Tax Year 2025
Assessed Value
$3,024,900

Listing Information

Listing Agent Stephen Girolamo
Listing Office Horvath & Tremblay
Agent MLS ID CN227795
Office MLS ID AN2723
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Beverly, MA

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