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5-7 Bennett Street, Beverly MA 01915

Beverly, MA 01915
$1,020,000
Est. $5,429/month
8
Beds
3
Baths
2,924
Sq Ft
$349
Price/Sq Ft
0.09
Acres
1919
Year Built
2 Family - 2 Units Side by Side
Type
18
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73338752

About this home

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!

Sale Statistics

Sale Overview
Original List Price: $995,000
Final Sale Price: $1,020,000
Difference: +$25,000 (+2.5%)
Performance Metrics
102.5%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $340
Sale $/sq ft: $349
This property sold for $349 per square foot
Sale Summary

This property sold for 2.5% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Side by Side
Property Category
Residential Income
Year Built
1919
Bedrooms
8
Full Bathrooms
2
Half Bathrooms
2
Living Area
2,924 sq ft
Total Rooms
14
Stories
4
Levels
4

Interior Features

Flooring
Tile, Hardwood, Stone/Ceramic Tile
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
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
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Interior Entry, Bulkhead, Concrete, Unfinished
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Conventional (2x4-2x6)
Roof
Shingle
Foundation
Stone
Foundation Area
0 sq ft
Patio/Porch Features
Porch
Fencing
Fenced
Has Spa
No
Waterfront Features
Ocean, Unknown To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
3,942 sq ft
Lot Size Area
0.0900
Road Surface Type
Paved

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service, Other (See Remarks)
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, Private School, Public School, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,451
Tax Year
2025
Tax Assessed Value
$860,000
Tax Block
0070
Tax Map Number
0020
Parcel Number
M:0020 B:0070 L:,4183804
Zoning
CN

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Buyers and buyers agent to do due diligence. Please see attachments. Some images have been virtually enhanced. Both units are tenant occupied with leases expiring May 31, 2025. See attached letters of full deleading compliance.

Location

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Neighborhood

5-7 Bennett Street, 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 $788
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.5%
Price Range
20
Total Days on Market

Property Timeline

✓
Sold
Apr 16, 2025
$1,020,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Feb 26, 2025
$995,000
Original listing
Office: Lamacchia Realty, Inc.

Price & Status History

Date Event Price Change
Feb 26, 2025 New Listing Added $995,000 —

Market Statistics

Days on Market
18 days
Price per Sq Ft
$349

Tax History

Year Taxes Assessment
2025 $9,451 $860,000

Financial Details

Annual Property Tax
$9,451
Tax Year 2025
Assessed Value
$860,000

Listing Information

Listing Agent Zaki Greige
Listing Office Lamacchia Realty, Inc.
Agent MLS ID CN258623
Office MLS ID AN6314

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