Active
17 Days on market
7 Lawrence St #B Beverly — Photo 1 of 33

7 Lawrence St #B Beverly — Photo 1 of 33

Recent Drop: $20,000

$499,000
$479,000

$479,000

Investment Analysis — 7 Lawrence St #B

Beverly, MA 01915 — Beverly Cove

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01915 carries an estimated $2,680/mo in gross rent — about a 4.22% cap rate and $20,228/yr in estimated NOI at the $479,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,032

Style

Condominium

Built

1930

**OPEN HOUSE SUNDAY, SEPTEMBER 6TH FROM 11AM-12NOON** Enjoy the best of Beverly Cove living in this charming townhouse-style home with the space, privacy, and outdoor enjoyment of a single-family property. Set within a two-unit duplex, this home has been lovingly enjoyed by the current owners for over 20 years. The main level features a comfortable living area, kitchen, dining area and half bath, while upstairs offers two bedrooms and full bath, plus a versatile bonus room—perfect for a home office, nursery, guest space, or additional sleeping area. A separate basement provides excellent storage and utility space. Enjoy your own private patio and shed, along with a beautiful shared yard, ideal for relaxing, entertaining, gardening, or enjoying the outdoors. Additional highlights include a newer heating system and water heater. Three tandem parking off-street spaces. Conveniently located near the water, parks, schools, restaurants, shopping, and all that downtown Beverly has to offer. A unique opportunity to enjoy the feel and privacy of a single-family home with the convenience of townhouse living in one of Beverly’s most desirable neighborhoods.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$499,000
Annual Taxes$4,214

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms5
FireplacesNone
FlooringFlooring - Hardwood
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
Foundation--
ZoningR10

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

15 x 11

Flooring - Hardwood

Dining Room
Lvl First

11 x 12

Flooring - Hardwood, Exterior Access

Kitchen
Lvl First

10 x 11

Bathroom - Half, Flooring - Laminate

Master Bedroom
Lvl Second

14 x 12

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

11 x 12

Bathroom 1
Lvl First
Bathroom 2
Lvl Second

Property History

Price Drop
$479,000

Was $499,000

Sep 7, 2026

MLS® 73568336

Listed
$499,000

Aug 26, 2026

MLS® 73568336

Listing Provided By

Listing Agent: Erin Lamb

Listing Office: RE/MAX 360

MLS® Number: 73568336