Home › Beverly › Multi Family › 18 James St, Beverly MA 01915
18 James St, Beverly MA 01915 — photo 1 of 11 / 1
$960,000
18 James St, Beverly MA 01915
2 units · 5 bd · 4 ba · 2,500 sqft · $480,000/unit
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INVESTMENT SNAPSHOT

Signal Score◆ 69 / 100
Est. Cap Rate3.7%
GRM17.4
Gross Scheduled Income$55,204/yr
Estimates from area median rents — directional, not an appraisal.

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

Units2
Living area2,500 sqft
Lot size5,201 sqft
Year built1900
Price / sqft$384
CountyEssex
MLS #73494851

Taxes & financials

Annual property tax$7,738
Tax year2025
Assessed value$704,100
ZoningR10
Gross income (actual)$76,800/yr
Net operating income (actual)$76,800/yr
Total actual rent$8,200/mo

Building & lot

Stories3
Total rooms12
Lot size0.12 acres
Garage spaces2
Parking spaces10
ParkingPaved Drive, Off Street, Stone/Gravel, Paved
BasementFull, Finished, Walk-Out Access, Interior Entry
FoundationStone, Granite
RoofShingle
ConstructionFrame
FlooringWood, Tile, Hardwood

Utilities & systems

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
SewerPublic Sewer
WaterPublic
Utilitiesfor Electric Range, for Electric Dryer, Washer Hookup
AppliancesRange, 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.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin Rollo — Broker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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