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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 private outdoor space offering potential for 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 Woodberry Food Market around the corner, don't let this one get away!
More Info
Basic Information
- Gross Income $78,000
- Lot Features Corner Lot
- Mls StatusNew
- Parcel Number M:0021 L:0071,4184402
Tax Information
- Tax Assessed Value $913,400
- Tax Year 2026
- Taxes$9,874
Parking
- Covered Spaces 2
- Garage YN Yes
- Open Parking YN Yes
- Parking Features Off Street, Paved
- Parking Spaces6
Rooms
- Bathroom3
- Bathrooms Total Decimal 3
- Bedrooms6
- Full Bath3
Basic Information
- List Price$1,050,000
- MLS Number73590450
- Modification Date10/15/2026
- Property SubType2 Family - 2 Units Up/Down
Location
- Address12 Newbury Street
- Building Number12
- CountyEssex
- NeighborhoodMontserrat
- StateMA
- StreetNewbury Street
- SubdivisionMontserrat
- TownBeverly
- Zip01915
Building
- BasementFull, Sump Pump, Concrete, Unfinished
- Building Area Units Square Feet
- Construction Materials Frame, Stone
- FoundationStone
- Garage Spaces2
- Levels 3
- Patio And Porch Features Porch, Deck - Wood, Covered
- Rooms14
- Stories3
- Units2
- Utilities For Gas Range, For Gas Dryer, For Electric Dryer, Washer Hookup
- Window Features Insulated Windows
- Year Built1900
- Year Built Details Actual
- Year Built Source Public Records
Property
- Acreage0.12
Interior
- Flooring Tile, Carpet, Hardwood, Pine, Stone/Ceramic Tile
- Interior Features
- Bathroom With Tub & Shower
- Bathroom with Shower Stall
- Ceiling Fan(s)
- Dining Room
- Kitchen
- Living Room
Exterior
- Exterior Features Balcony/Deck, Balcony, Rain Gutters
- RoofShingle
Utilities
- Electric 200+ Amp Service
- Heat SystemYes
- Heating Central, Forced Air, Natural Gas, Unit Control, Steam
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Measured
- Living Area 3,214
- Lot Size Square Feet 5,118
- Lot Size Units Acres
- Square Feet3,214
Amenities
- Amenities
- Golf
- House of Worship
- Medical Facility
- Park
- Public School
- Public Transportation
- Shopping
- T-Station
- Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
- Other AmenitiesBasement, Golf
Water Body
- Miles to Beach1
- Waterfront Features Ocean,1/2 to 1 Mile To Beach, Beach Ownership(Public)
Legal
- ZoningR10
Other
- Date Listed10/14/2026
- Farm Land Area Units Square Feet
Map Location
Listed by Robert Heil of Coldwell Banker Realty - Beverly
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