40 & 40R Stone St, Beverly MA 01915

Beverly, MA 01915
$4,000,000
Est. $21,290/month
24
Beds
12
Baths
6,772
Sq Ft
$591
Price/Sq Ft
0.44
Acres
1973
Year Built
5+ Family - 5+ Units Side by Side
Type
3
Days on Market
Active Listed Sep 27, 2025 • MLS# 73434528

About this home

40 & 40R Stone St contains 12 total 2-Bedroom/1-Bathroom units with 6,772 square feet of gross living area and 12,358 square feet of gross area. Each building contains 6 units apiece, is situated upon a 0.44-acre parcel and offers ample parking with 12 spaces available. The Property is separately metered for electricity, which tenants pay directly. Heat and hot water utilities are a mix of electric & oil powered. 40R Stone Street is separately metered for heat, while 40 Stone Street is centrally metered and the Landlord is responsible. The Landlord is responsible for city water and sewer. The Properties are well-positioned within Beverly, MA, offering strong visibility in a vibrant North Shore community. The location is supported by a diverse mix of retail, dining, and community amenities, with Beverly’s downtown, beaches, and cultural destinations nearby. This accessibility and amenity rich environment enhance tenant appeal and long-term stability.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Side by Side
Property Category
Residential Income
Year Built
1973
Bedrooms
24
Full Bathrooms
12
Living Area
6,772 sq ft
Total Rooms
48
Stories
3
Levels
3

Interior Features

Has Fireplace
No

Exterior & Structure

Roof
Shingle
Foundation
Other
Has Spa
No
Waterfront Features
Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.44 acres
Lot Size
19,166 sq ft
Lot Size Area
0.4400
Lot Features
Other

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
12
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$33,565
Tax Year
2025
Tax Assessed Value
$3,024,900
Zoning
RMD

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

40 & 40R Stone St, Beverly MA 01915

Beverly, MA 01915

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $2,797
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Sep 23, 2025
$4,000,000
Original listing
Agent: Stephen Girolamo Office: Horvath & Tremblay

Price & Status History

Date Event Price Change
Sep 23, 2025 New Listing Added $4,000,000

Market Statistics

Days on Market
3 days
Price per Sq Ft
$591

Tax History

Year Taxes Assessment
2025 $33,565 $3,024,900

Financial Details

Annual Property Tax
$33,565
Tax Year 2025
Assessed Value
$3,024,900

Listing Information

Listing Agent Stephen Girolamo
Listing Office Horvath & Tremblay
Agent MLS ID CN227795
Office MLS ID AN2723

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