AMAZING investment or future owner-occupant opportunity! This multi-family home is located in the sought-after area of Beverly, offering a convenient and desirable location—less than a mile to Dane St. Beach and Montserrat Station.Unit One features an oversized 2-bedroom, 1-bath layout with a sun-drenched living and dining area, hardwood flooring, and high ceilings. A mudroom provides a practical transition space leading to the back deck and private fenced yard. Unit Two offers 3 bedrooms and 2 baths, with hardwood floors throughout. Each unit has separate entrances.Additional highlights include attic and lower-level storage, plus a 2-car garage. Recent improvements include roof (2017), two gas furnaces (2011), and updated windows throughout.Property is currently tenant-occupied. Buyer to perform their own due diligence regarding tenancy and future occupancy.Located in a prime area known for its proximity to Cabot St amenities, shops, dining, parks, and transportation
This home has been viewed 16 times
Last Checked: June 8th, 2026 at 4:29am (Source: MLS PIN #73494851)
Gross Income: $76,800
Gross Expenses: $7,738
Net Income Calc: $69,062
Annual Expenses for 18 James St, Beverly MA 01915
Total Gross Expenses (Calculated)$7,738/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7738
Annual Income & Unit Breakdown for 18 James St, Beverly MA 01915
Total Gross Income (Calculated)$76,800
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 18 James St, Beverly MA 01915
Listing ID73494851
Property TypeMulti Family
Price960000 ($384/SqFt)
StyleMulti Family
CityBeverly
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total2500
Approximate Lot Size (Acres)0.12
Total Parking12 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR10
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 18 James St, Beverly MA 01915
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsPersonal Property
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 18 James St, Beverly MA 01915
Real Estate Taxes7738
Tax Year2025
Assessed Value$704,100
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 18 James St, Beverly MA 01915
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 18 James St, Beverly MA 01915