2 Family - 2 Units Up/Down at 7-R W Dane St, Beverly MA 01915, Beverly
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$819,999

7-R W Dane St, Beverly MA 01915
Beverly, MA 01915
Listed by Brian Averback
Bedrooms
4
Bathrooms
2
Living area
1,801 sqft
Year built
1900

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. If you know a developer or investor – forward this to them. Very rare opportunity.

Property details

MLS #
73556786
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
72
On market date
July 29, 2026
Stories
2
Total bathrooms
2
Garage spaces
2
Parking spaces
6
Lot size
0.2 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Ayers/Ryal Side School
0.8 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
392
Student:teacher ratio
14.5:1
District
Beverly
Middle
Beverly Middle School
1.22 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,427
Student:teacher ratio
13.5:1
District
Beverly
High
Beverly High
1.07 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,299
Student:teacher ratio
13.8:1
District
Beverly

Walkability

Blended score for Beverly's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
13.3 / 20 -- Above average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks20
Schools8
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Beverly, from live MLS data.

On the market 72 days -- 15 fewer days than Beverly's current average of 87 days.
For reference, the median list price across 210 active listings in Beverly right now is $599,995.

Mortgage calculator

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Est. monthly payment
$5,088/mo
$164,000 down
$655,999 loan
Principal & interest$4,255
Property tax (est.)$683
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 8, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.