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12 Newbury St, Beverly MA 01915

$1,050,000

Estimated $2,525/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $525,000

Total Rent: 78000/year

Estimated CAP Rate:

6 Bedrooms

Baths

3214

Total Parking: 8 (2 Garage)

5,118 (0.12)

Not your average two-family home! Recently updated and well maintained 6 bedroom, 2-3 family property with two-car detached garage in prime Beverly location presents an excellent opportunity to add to your portfolio as an investor, owner-occupant buyer, or convert to condos. Rarely does a multi-family property bring this much curb appeal and charm, blending in seamlessly to a quiet Montserrat/Cove neighborhood with mostly single family homes. The first unit, at roughly 1,225 sqft, offers a large, eat-in kitchen with living room, dining room, two bedrooms and full bath. The "owner's unit" on the 2nd floor provides a similar layout but with an updated kitchen, full bath with beautifully tiled shower and flooring, refinished pine flooring, and a private balcony. A bonus third level offers potential for additional income as an in-law/guest suite or extension of unit two with two additional bedrooms, kitchenette, and full bath. The first and second floor interior is highlighted by Colonial era features and detail -- mouldings, wainscoting, bullseye trim, built-ins, and high ceilings -- while both units have dedicated outdoor space for potential future exclusive use areas as well as front and side yards with irrigation system. A full unfinished basement offers ample storage for both units and separate laundry machines. At the center of everything Beverly has to offer including the commuter rail (0.4mi), a lively downtown (0.7mi), beaches (1mi), Beverly Hospital (1.1mi) and Woodbery Food Market around the corner, don't let this one get away!

This home has been viewed 15 times

Last Checked: October 23rd, 2026 at 7:13am (Source: MLS PIN #73590450)

Gross Income: $78,000

Gross Expenses: $9,874

Net Income Calc: $68,126

Water Views

Annual Expenses for 12 Newbury St, Beverly MA 01915

Total Gross Expenses (Calculated)$9,874/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9874

Annual Income & Unit Breakdown for 12 Newbury St, Beverly MA 01915

Total Gross Income (Calculated)$78,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms4 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 12 Newbury St, Beverly MA 01915

Listing ID73590450

Property TypeMulti Family / 2 Family

Price1050000 ($326.7/SqFt)

Style2 Family - 2 Units Up/down

CityBeverly

CountyEssex

MLS AreaMontserrat

Neighborhood(s)Ipswich

Approximate Living Area Total3214

Approximate Lot Size (Acres)0.12

Total Parking8 (2 Garage)

Garage Parking2

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR10

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 12 Newbury St, Beverly MA 01915

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsWasher & Dryer Units On 2nd & 3rd Floors Excluded.

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 12 Newbury St, Beverly MA 01915

Real Estate Taxes9874

Tax Year2026

Assessed Value$913,400

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 12 Newbury St, Beverly MA 01915

Neighborhood(s)Ipswich

MLS AreaMontserrat

Area AmenitiesWalk/jog Trails

Contact Information for 12 Newbury St, Beverly MA 01915

Agent

Name: Robert Heil

Office

Name: Coldwell Banker Realty - Beverly

Phone: 978-927-1111

Payment Calculator

, Interest

Property Taxes 822.83

Principal & Interest 6469.77

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Beverly

Robert Heil

Agent Phone

Office Phone

(978) 927-1111

Text Agent Call Agent Call Office

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    [unparsed] => 12 Newbury St, Beverly MA 01915
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EXIT

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