Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

7-R W Dane St

Beverly, MA ID #73556786

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7-R W Dane St

- Beverly, MA ID #73556786

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Duplex
  • Zip Code: 01915
  • Taxes: 7,007
  • Levels: 2
  • Acres: 0.20

Parking

  • Garage: 2
  • Garage Capacity: 2
  • Parking: Paved,Off Street
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 2
  • Total Floors: 2
  • Total Rooms: 9
  • Has Basement: Yes

Location

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7-R W Dane St, Beverly, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Brian Averback of Century 21 North East. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.