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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 dedicated outdoor space for potential 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 Woodbery 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

Basic Information

  • List Price$1,050,000
  • MLS Number73590450
  • Modification Date10/15/2026
  • Property SubType2 Family - 2 Units Up/Down
  • Virtual TourView Tour

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

Property Information

  • Building Area Source Measured
  • Living Area 3,214
  • Lot Size Square Feet 5,118
  • Lot Size Units Acres
  • Square Feet3,214

Other

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

Tax Information

  • Tax Assessed Value $913,400
  • Tax Year 2026
  • Taxes$9,874

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

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

Water Body

  • Miles to Beach1
  • Waterfront Features Ocean,1/2 to 1 Mile To Beach, Beach Ownership(Public)

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Off Street, Paved
  • Parking Spaces6

Location

  • Address12 Newbury Street
  • Building Number12
  • CountyEssex
  • NeighborhoodMontserrat
  • StateMA
  • StreetNewbury Street
  • SubdivisionMontserrat
  • TownBeverly
  • Zip01915

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

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

Map Location

Listed by Robert Heil of Coldwell Banker Realty - Beverly

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.

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