Updated Oct 12, 2026
911 Bennett LLC Acquires Multifamily Property In Beverly, MA For $765,000
9 Bennett Street, Beverly, Massachusetts 01915, United States
$765,000
$221/SF
Building Size
3,453 SF
Asset Type
MultiFamily
Closing
May 31, 2022
About this deal
AI
A multifamily property located at 9 Bennett St in Beverly, MA has been sold for a total price of $765,000. The property consists of 2 units, with a price per unit (PPU) of $382,500. The total square footage of the property is 3,453, resulting in a price per square foot (PPSF) of $222. The transaction took place on June 1, 2022. The property was listed for an asking price of $750,000.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $765,000
- Date: June 1, 2022
- Address: 9 Bennett St, Beverly, MA
- Units: 2
- Price per Unit: $382,500
- Total Square Footage: 3,453
- Price per Square Foot: $222
The buyer of the property is 911 Bennett LLC, while the seller is Cabot Company LLC. The transaction was facilitated by brokers Sara Pouladian and Dan Pouladian from North Shore Realty Advisors.
On the Map
$765,000
$221/SF
MultiFamily
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Players
Beverly MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
20.74%
Cash-on-Cash
-5.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93