7-R W Dane St, Beverly, MA 01915
Local realty services provided by:ERA Key Realty Services
7-R W Dane St,Beverly, MA 01915
$849,999
- 4 Beds
- 2 Baths
- 1,801 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Aug 0811:00 am - 01:00 pm
Listed by: brian averback, brian averback
Office: century 21 north east
MLS#:73556786
Source:MLSPIN
Price summary
- Price:$849,999
- Price per sq. ft.:$471.96
About this home
RARE BEVERLY INVESTMENT & DEVELOPMENT OPPORTUNITY! 7-R West Dane Street is not your typical two-family. Set on an unusually large approximately 8,625 sq. ft. (0.20-acre) lot in Beverly’s desirable CC (Central Business) zoning district, this property offers an exceptional combination of immediate income potential, owner-occupant possibilities and exciting future development potential.The existing two-family provides flexibility from day one: the first-floor unit is vacant and ready for renovation or occupancy, while the second-floor unit is currently occupied by a month-to-month tenant. The property needs updating, giving its next owner the opportunity to renovate, reposition and unlock additional value.What truly sets this property apart is the LAND and ZONING. The CC district is designed to support Beverly’s central commercial core and allows a variety of residential, commercial and mixed-use possibilities, subject to applicable requirements and approvals. Investors and developers should take a serious look at what may be possible with a lot of this size in this location.Additional features include a large basement, two-car garage, expansive driveway providing valuable off-street parking, spacious backyard, water fountain and even a chicken coop.Whether you're looking for a two-family to renovate and hold, an owner-occupied property with rental income, or your next development project, opportunities combining this much land, existing improvements and flexible CC zoning are hard to find in Beverly.Property sold as-is. Buyer and buyer’s agent to perform all due diligence regarding zoning, development potential, permitted uses, measurements and property information.OPEN HOUSE 8/8 WILL BE ONLY SHOWING!! We are expecting a lot of offers. Offers due 5PM - 8/10. If you know a developer or investor – forward this to them. Very rare opportunity....
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Home facts
- Year built:1900
- Listing ID #:73556786
- Updated:July 30, 2026 at 12:26 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Flooring:Carpet, Laminate, Tile, Wood
- Kitchen Description:Dishwasher, Freezer, Kitchen, Range, Refrigerator
- Basement Description:Bulkhead, Concrete, Full, Walk-Out Access
- Living area:1,801 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Unit(s)
- Heating:Forced Air, Natural Gas, Oil
- Central air:Yes
Structure and exterior
- Year built:1900
- Building area:1,801 sq. ft.
- Lot area:0.2 Acres
- Construction Materials:Brick, Stone
- Exterior Features:Garden
- Foundation Description:Brick/Mortar, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$849,999
- Price per sq. ft.:$471.96
- Tax amount:$7,007 (2025)
Features and amenities
- Appliances:Dishwasher, Freezer, Range, Refrigerator, Washer
- Laundry features:Washer
- Amenities:Ceiling Fan(s)
Parking
- Total parking spaces:6
- Parking description:Off Street, Paved Drive
- Garage:Yes
- Garage spaces:2
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