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Pending

35-37 Thorndike St, Beverly MA 01915

$1,300,000

Estimated $3,062/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $650,000

Total Rent: 30000/year

Estimated CAP Rate:

6 Bedrooms

Baths

3929

Total Parking: 5

7,741 (0.18)

LOCATION, LOCATION, LOCATION! Perfectly situated between the Atlantic Ocean and vibrant Downtown Beverly, this spacious duplex offers exceptional versatility and wide-ranging appeal for investors, owner-occupants, or multigenerational living. Rich in character, the property showcases beautiful hardwood floors, sun-filled oversized rooms, and classic period detail throughout.Unit #35 features a welcoming living room, formal dining room, kitchen, and half bath on the first floor. The second floor offers three bedrooms and a full bath, while the third floor includes three additional rooms, providing outstanding flexibility for extended living, guest space, or home offices. Unit #37 features a similar spacious layout with generous living areas, abundant natural light, and timeless architectural charm. Owned by the same family for decades, this well-maintained property presents a rare opportunity just moments from beaches, restaurants, shops, parks, and the Boston-bound commuter rail.

This home has been viewed 43 times

Last Checked: June 3rd, 2026 at 12:38pm (Source: MLS PIN #73522941)

Gross Income: $30,000

Gross Expenses: $11,454

Net Income Calc: $18,546

Water Views

Annual Expenses for 35-37 Thorndike St, Beverly MA 01915

Total Gross Expenses (Calculated)$11,454/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11454

Annual Income & Unit Breakdown for 35-37 Thorndike St, Beverly MA 01915

Total Gross Income (Calculated)$30,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit3

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit3

Rent Includes

General Information for 35-37 Thorndike St, Beverly MA 01915

Listing ID73522941

Property TypeMulti Family / 2 Family

Price1300000 ($330.87/SqFt)

Style2 Family - 2 Units Side By Side

CityBeverly

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total3929

Approximate Lot Size (Acres)0.18

Total Parking5

Garage Parking0

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 Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR6

Water ViewsYes

Water Views FeaturesBay

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 35-37 Thorndike St, Beverly MA 01915

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTree House

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 35-37 Thorndike St, Beverly MA 01915

Real Estate Taxes11454

Tax Year2025

Assessed Value$1,042,200

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 35-37 Thorndike St, Beverly MA 01915

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 35-37 Thorndike St, Beverly MA 01915

Agent

Name: Jeffrey Carter

Office

Name: Keller Williams Realty Evolution

Phone: 978-927-8700

Payment Calculator

, Interest

Property Taxes 954.5

Principal & Interest 8010.19

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

Jeffrey Carter

Agent Phone

Office Phone

(978) 927-8700

Text Agent Call Agent Call Office

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EXIT

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