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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)

Other

  • Date Listed10/14/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Robert Heil of Coldwell Banker Realty - Beverly

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