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Est. Mortgage: $/month

Federal 30-year interest rate: 6.65% last updated on 2026-08-20

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40 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 0191540 & 40r Stone Street Beverly MA 01915
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  • 24Bedrooms
  • 12Bathrooms
  • 6,772Square Feet
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.
Listed by Stephen Girolamo of Horvath & Tremblay

Listing Sold by Vadala Real Estate

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More Info

Basic Information

  • Contingency Financing
  • Gross Income $363,716
  • Lot Features Other
  • Mls StatusSold
  • Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water)

Location

  • Address40 & 40r Stone Street
  • Building Number40 & 40r
  • CountyEssex
  • StateMA
  • StreetStone Street
  • TownBeverly
  • Zip01915

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 6,772
  • Lot Size Square Feet 19,166
  • Lot Size Units Acres
  • Square Feet6,772

Other

  • Date Listed09/23/2025
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $3,024,900
  • Tax Year 2025
  • Taxes$33,565

Basic Information

  • GO-List Price$4,000,000
  • MLS Number73434528
  • Modification Date01/08/2026
  • Property SubType5+ Family - 5+ Units Side by Side
  • Purchase Contract Date10/07/2025
  • Sale Date01/08/2026
  • Sale Price$4,000,000

Property

  • Acreage0.44

Utilities

  • Electric Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Water Body

  • Miles to Beach0.3
  • Waterfront Features Harbor,1/10 to 3/10 To Beach, Beach Ownership(Public)

Parking

  • Parking Features Off Street
  • Parking Spaces12

Rooms

  • Bathroom12
  • Bathrooms Total Decimal 12
  • Bedrooms24
  • Full Bath12

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Levels 3
  • Rooms48
  • Stories3
  • Units12
  • Year Built1973
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Other AmenitiesGolf

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

I agree to receive marketing and customer service calls and text messages from Levi Test Cloner2. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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