Movoto Real Estate
Sold on 03/03/2025

5 Bennett St # -7, Beverly, MA 01915

  • $1,017,874

    Last sold 03/03/2025 for $1.02M

  • 8

    bed

  • 4

    bath

  • 2,924

    Sqft ($349/Sqft)

Multi-family not for sale
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About 5 Bennett St # -7

Property type Multi-family
Year built 1919
HOA fee $0/month
Lot size 3,942 Sqft
Movoto estimate
Property description
Prime investment opportunity in Beverly! This amazing two-unit multi-family property offers incredible income potential and endless possibilities, including the option to convert into two separate condo units. Each spacious unit features 4 bedrooms, 1.5 bathrooms, and in-unit laundry, providing both comfort and convenience for tenants or owner-occupants. Recent upgrades include two brand-new dishwashers in both units, a new washer/dryer in Unit 7, and recently replaced PolyComposite Vinyl railings on the front porch. The fenced-in backyard with a turf grass patio offers a low-maintenance outdoor space. With separate water, gas, and electric meters, this property is designed for easy management. Amazing location with close proximity to local shops, restaurants, parks, and beaches. Easy access to the the MBTA commuter rail Newburyport/Rockport line, making commuting a breeze! This is one you don’t want to miss!
Listed by
Listing Agent - Zaki Greige
Listing Office - Lamacchia Realty, Inc.
Source: MLS Property Information Network, Inc. mls logo
MLS#73338752 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Forced Air, Natural Gas
Levels/Style 4, 4
MLS # 73338752
Type Residential Income
Status Closed
SubType 2 Family - 2 Units Side By Side
SqFt 2924
Lot Size (SqFt) 3942
Lot Size (Acres) 0.09
Annual Property Tax 9451
Year Built 1919
Interior
Total # of Bathrooms 4
# Full Baths 2
# Half Baths 2
Total # of Bedrooms 8
Basement Interior Entry, Bulkhead, Concrete, Unfinished
Total # of Rooms 14
Laundry Electric Dryer Hookup, Washer Hookup
Flooring Tile, Hardwood, Stone/Ceramic Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Smart Thermostat, Living Room, Kitchen, Laundry Room
Door Features Insulated Doors
Window Features Insulated Windows
Exterior
Foundation Stone
Roof Shingle
Construction Conventional (2x4-2x6)
Parking Desc Paved Drive, Off Street, Paved
# Parking Spaces 4
Patio/ Porch Porch
Fencing Fenced
Amenities / Utilities
Sewer Public Sewer
Green Features: Energy Efficiency Thermostat
Utilities For Gas Range, for Electric Dryer, Washer Hookup
Electricity Circuit Breakers, 200+ Amp Service, Other (See Remarks)
Water Source Public
Location
Waterfront Beach Front, Ocean, Unknown To Beach, Beach Ownership(Public)
County Essex
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, Private School, Public School, University
Zoning CN
APN M:0020 B:0070 L:, 4183804
Directions Yankee Division Hwy To Cabot St To Bennett St
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water)
Net Operating Income 88800
Total Actual Rent 7400
Gross Income 88800
Lot/ Land Details
Road Surface Paved
$1.01M
Range: $916K-$1.11M
Last 30 days 
  • Apr 2025
    mls logo MLS # 73338752
  • Apr 16, 2025 Sold
    $1,020,000 (+2.5%)
  • Mar 4, 2025 Active
  • Feb 26, 2025 Listed
    $995,000 (+10.6%)
  • Feb 2024
    mls logo MLS # 73199507
  • Feb 5, 2024 Listed
    $899,999 (-0.6%)
  • May 2022
    mls logo MLS # 72957790
  • May 24, 2022 Sold
    $905,000 (-2.2%)
  • Apr 1, 2022 Active
  • Mar 25, 2022 Listed
    $924,999
  • 5 Bennett St # -7
    $1.02M
  • 01915
    $739K +12% y/y
  • Beverly
    $729K +4% y/y
No chart available
Statistics calculated by Movoto

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4/10
Source: GreatSchools.org © 2026. All rights reserved.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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