19 Essex St Beverly — Photo 1 of 41
$1,400,000
Investment Analysis — 19 Essex St
Beverly, MA 01915
Based on rent reported on the MLS listing, a 5-unit multi-family in 01915 carries $10,425/mo in gross rent — about a 5.70% cap rate and $79,766/yr in estimated NOI at the $1,400,000 list price. Adjust every assumption in the calculator below.
Beds
10
Baths
5
SqFt
4,740
Style
5-9 Family
Built
1910
Great opportunity to own a centrally located 5-unit multifamily property in the heart of Beverly. The property features two 1-bedroom units, two 2-bedroom units, and a spacious 4-bedroom unit, offering a versatile mix of layouts and strong rental potential. Conveniently located near the area's restaurants, shops, and amenities, as well as Montserrat College of Art and the Beverly Commuter Rail Station. Dane Street Beach is also just a short distance away. Five off-street parking spaces add valuable convenience for tenants. An exciting opportunity for investors to own a centrally located multifamily property with potential upside through future rent growth and continued improvements.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Golf • Medical Facility • Laundromat • Highway Access
Geography
Listing Agent: Herrick Lutts Realty Partners
Listing Office: Herrick Lutts Realty Partners
MLS® Number: 73564888
