40 & 40R Stone St, Beverly, MA 01915

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
40 & 40R Stone St,Beverly, MA 01915
$4,000,000
  • 24 Beds
  • 12 Baths
  • 6,772 sq. ft.
  • Multi-family
  • Active
Listed by:stephen girolamo
Office:horvath & tremblay
MLS#:73434528
Source:MLSPIN

Price summary

  • Price:$4,000,000
  • Price per sq. ft.:$590.67

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.

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Home facts

  • Year built:1973
  • Listing ID #:73434528
  • Updated:September 27, 2025 at 10:27 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:12
  • Full bathrooms:12
  • Living area:6,772 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1973
  • Building area:6,772 sq. ft.
  • Lot area:0.44 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,000,000
  • Price per sq. ft.:$590.67
  • Tax amount:$33,565 (2025)
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