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INVESTMENT SNAPSHOT
About this property
AMAZING investment or future owner-occupant opportunity! This multi-family home is located in the sought-after area of Beverly, offering a convenient and desirable location—less than a mile to Dane St. Beach and Montserrat Station.Unit One features an oversized 2-bedroom, 1-bath layout with a sun-drenched living and dining area, hardwood flooring, and high ceilings. A mudroom provides a practical transition space leading to the back deck and private fenced yard. Unit Two offers 3 bedrooms and 2 baths, with hardwood floors throughout. Each unit has separate entrances.Additional highlights include attic and lower-level storage, plus a 2-car garage. Recent improvements include roof (2017), two gas furnaces (2011), and updated windows throughout.Property is currently tenant-occupied. Buyer to perform their own due diligence regarding tenancy and future occupancy.Located in a prime area known for its proximity to Cabot St amenities, shops, dining, parks, and transportation
Property details
| Units | 2 |
| Living area | 2,500 sqft |
| Lot size | 5,201 sqft |
| Year built | 1900 |
| Price / sqft | $384 |
| County | Essex |
| MLS # | 73494851 |
Taxes & financials
| Annual property tax | $7,738 |
| Tax year | 2025 |
| Assessed value | $704,100 |
| Zoning | R10 |
| Gross income (actual) | $76,800/yr |
| Net operating income (actual) | $76,800/yr |
| Total actual rent | $8,200/mo |
Building & lot
| Stories | 3 |
| Total rooms | 12 |
| Lot size | 0.12 acres |
| Garage spaces | 2 |
| Parking spaces | 10 |
| Parking | Paved Drive, Off Street, Stone/Gravel, Paved |
| Basement | Full, Finished, Walk-Out Access, Interior Entry |
| Foundation | Stone, Granite |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile, Hardwood |
Utilities & systems
| Heating | Baseboard, Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Dryer, Washer Hookup |
| Appliances | Range, Dishwasher, Refrigerator |
Location
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Listing courtesy of Coldwell Banker Realty - Andovers/Readings Regional — Tiago Specke. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 18 James St, Beverly MA 01915 have?
It is a 2-unit multi-family property with 2,500 sqft of living area, built in 1900.
What is the estimated cap rate on this 2-family in Beverly?
Based on area median rents, the estimated cap rate is about 3.7%, with a Signal Score of 69/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $960,000 across 2 units, that works out to roughly $480,000 per unit.
What are the property taxes on 18 James St, Beverly MA 01915?
Annual property taxes are $7,738 (2025), on an assessed value of $704,100.
What is the price per square foot?
At $960,000 for 2,500 sqft, that's about $384 per square foot.
Is there parking?
2 garage spaces and 10 total parking spaces (paved drive, off street, stone/gravel, paved).
Where is this property located?
18 James St, Beverly MA 01915 is in Beverly, Essex County, MA 01915.
