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36 Stone St, Beverly, MA 01915

$983,000
Last sold 04/24/2026 after 9 Days
5
bed
3
bath
1,819
Sqft ($540/Sqft)

Multi-family not for sale

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About 36 Stone St

Property type Multi-family

Year built 1900

HOA fee $0/month

Lot size 4,844 Sqft

Parking 1 garage spaces

Property description

Exceptional opportunity to own a well-maintained three-family property in one of Beverly's most desirable locations - just moments from beaches, parks, downtown and the commuter rail. This charming multi-family offers a versatile unit mix with two 2-bedroom units and one 1-bedroom unit, making it ideal for both investors and future owner occupants seeking strong rental income. Each unit has been consistently rented and cared for. Additional income is generated by a detached garage currently leased for $250/month to a local small business owner. The garage footprint and lot size may offer future potential for expansion or an accessory dwelling unit (ADU), subject to local approvals. A site plan is available for reference. Most recent improvement includes a brand new high efficiency furnace. Roof replaced in 2013. Off street parking provides one dedicated space per unit. A rare opportunity to invest in a prime Beverly location with immediate income and long-term upside potential

Listed by

Listing Agent - Christina Frost

Listing Office - Portside Real Estate Group

Source: MLS Property Information Network, Inc.

MLS#73502182 • last updated 2 months ago

Movoto checked MLS Property Information Network, Inc. for data 1 minute ago

Overview
Cooling/AC	Window Unit(s)
Heating	Hot Water, Natural Gas
Levels/Style	3, 3
MLS #	73502182
Type	Residential Income
Status	Closed
SubType	3 Family - 3 Units Up/Down
SqFt	1819
Lot Size (SqFt)	4844
Lot Size (Acres)	0.11
Annual Property Tax	7136
Year Built	1900

Interior
Total # of Bathrooms	3
# Full Baths	3
Total # of Bedrooms	5
Basement	Full, Interior Entry, Concrete, Unfinished
Total # of Rooms	11
Laundry	Electric Dryer Hookup, Washer Hookup
Flooring	Hardwood
Appliances	Washer, Dryer, Range, Refrigerator
# Fireplaces	1
Interior Features	Laundry Room, Internet Available - Unknown, Stone/Granite/Solid Counters, Internet Available - Satellite, Living Room, Kitchen, Family Room

Exterior
Foundation	Concrete Perimeter, Stone
Roof	Shingle
Construction	Frame
# Covered Spaces	1
Parking Desc	Paved Drive, Off Street, Paved
# Parking Spaces	4
# Garage Spaces	1
Exterior Features	Garden, Other
Lot Desc	Gentle Sloping

Amenities / Utilities
Sewer	Public Sewer
Utilities	For Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Water Source	Public

Location
Waterfront	Beach Access, Harbor, Ocean, Walk To, 1/10 To 3/10 To Beach, Beach Ownership(Public)
County	Essex
Community Features	Public Transportation, Shopping, Park, Golf, Laundromat, Highway Access, House Of Worship, Marina, Private School, Public School, T-Station, University
Elementary School	Cove Elementary
Middle School	Beverly Middle
High School	Beverly High
Zoning	RMD
APN	M:0005 B:0376 L:
Directions	Cabot Street To Stone Street.

Multifamily Details
Rent Includes	Unit 1(Heat, Electric, Water), Unit 2(Heat, Water), Unit 3(Heat, Water)
Net Operating Income	68407
Operating Expense	16193
Total Actual Rent	7050
Financial Data Source	Owner
Expense: Water/ Sewer	1328
Gross Income	84600
Expense: Electricity	1000
Gross Scheduled Income	7636