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Sold for $4,000,000
  • $4,000,000

    40 & 40R Stone St, Beverly, MA 01915

    24beds
    6,772sqft
    5+ Family - 5+ Units Side by Side
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $591/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Girolamo 978-406-1789,

    Horvath & Tremblay 781-776-4000

    Bought with:

    Mark Ventimiglia

    Vadala Real Estate

    Source: MLS PIN,MLS#: 73434528

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 12
    • Full bathrooms: 12
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 6,772
    • Total interior livable area: 6,772 sqft
    • Finished area above ground: 6,772

    Property

    Parking
    • Total spaces: 12
    • Parking features: Off Street
    • Uncovered spaces: 12
    Features
    • Waterfront features: Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
    Lot
    • Size: 0.44 Acres
    • Features: Other
    Details
    • Zoning: RMD

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Side by Side
    Materials
    • Foundation: Other
    • Roof: Shingle
    Condition
    • Year built: 1973

    Utilities & green energy

    • Electric: Individually Metered
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
    Location
    • Region: Beverly

    HOA & financial

    Other financial information
    • Total actual rent: 30025

    Price history

    DateEventPrice
    1/8/2026Sold$4,000,000$591/sqft
    Source: MLS PIN #73434528 Report a problem
    10/7/2025Contingent$4,000,000$591/sqft
    Source: MLS PIN #73434528 Report a problem
    9/23/2025Listed for sale$4,000,000$591/sqft
    Source: MLS PIN #73434528 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 01915

    Nearby schools

    GreatSchools rating