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24 Franklin Pl, Beverly MA 01915

$800,000

Estimated $1,897/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $400,000

Total Rent: 50400/year

Estimated CAP Rate:

4 Bedrooms

Baths

2176

Total Parking: 4

11,522 (0.26)

Located in the heart of vibrant downtown Beverly. This multi family property features two side-by-side units on an end lot, each offering 2 bedrooms and 1.5 baths. Ideally situated near local beaches, the MBTA Commuter Rail, and downtown restaurants and bars. A great investment opportunity with plenty of potential for updates and value-add improvements.

This home has been viewed 7 times

Last Checked: March 10th, 2026 at 8:13am (Source: MLS PIN #73484411)

Gross Income: $50,400

Gross Expenses: $7,203

Net Income Calc: $43,197

Water Views

Annual Expenses for 24 Franklin Pl, Beverly MA 01915

Total Gross Expenses (Calculated)$7,203/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7203

Annual Income & Unit Breakdown for 24 Franklin Pl, Beverly MA 01915

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

General Information for 24 Franklin Pl, Beverly MA 01915

Listing ID73484411

Property TypeMulti Family / 2 Family

Price800000 ($367.65/SqFt)

Style2 Family - 2 Units Side By Side

CityBeverly

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2176

Approximate Lot Size (Acres)0.26

Total Parking4

Garage Parking0

Year Built1985

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR6

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 24 Franklin Pl, Beverly MA 01915

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBar Top In Shed Is Custom And Is Not Included

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 24 Franklin Pl, Beverly MA 01915

Real Estate Taxes7203

Tax Year2026

Assessed Value$655,400

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 24 Franklin Pl, Beverly MA 01915

Elementary SchoolPublic/Private

Middle SchoolPublic/Private

High SchoolPublic/Private

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 24 Franklin Pl, Beverly MA 01915

Agent

Name: Victor Paulino

Office

Name: Engel & Volkers By the Sea

Phone: 978-865-1168

Payment Calculator

, Interest

Property Taxes 600.25

Principal & Interest 4929.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Engel & Volkers By the Sea

Victor Paulino

Agent Phone

Office Phone

(978) 865-1168

Text Agent Call Agent Call Office

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EXIT

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