76 Days on market
32 Ocean St Beverly — Photo 1 of 22

32 Ocean St Beverly — Photo 1 of 22

Recent Drop: $195,000

$1,595,000
$1,400,000

$1,400,000

32 Ocean St, Beverly, MA 01915

Beverly, MA 01915

Beds

10

Baths

3.5

SqFt

5,727

Style

Multi Family

Built

1911

This may be one of the most unexpected ways to afford the Beverly lifestyle. Step outside, look left and see the ocean. Open the oversized windows and smell the salt air. The beach is right there, while a few blocks inland puts you in the heart of downtown Beverly. Not familiar with Beverly? Think small-town vibes with all the big-city finds. A downtown where children parade the streets at Halloween and shopkeepers hand out candy, and artists' stalls line block after block during our annual arts festival. Despite this home's timeless character, it isn't waiting for someone to take on years of deferred projects. It may surprise you with the extensive list of major improvements made within the last four years, including high-efficiency windows and exterior doors, central air, heat pumps, insulation, updated kitchens and baths, and major electrical upgrades. And you don't have to trade space for location. When you rent the first floor at market rent, the remaining monthly housing cost can be comparable to owning a home much farther from the ocean and half the size. With 11 flex rooms in the owner's residence, there's extraordinary freedom for bedrooms, home offices, guests, hobbies and gathering spaces. Only a few houses from the ocean, with an expansive first-floor apartment helping offset the cost of ownership, this is a combination that is exceptionally difficult to replicate in Beverly. You may find a bigger house, but that won't be easy. You will find homes selling for less. But finding this much space, this close to the ocean, with another residence helping offset the cost of ownership is something else entirely. Come experience what life can look like when you have the space to fill it with your dreams. Life is waiting, but 32 Ocean won't be forever.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$244/sqft
Local Avg (Beverly)$410/sqft
40% BelowMarket Average

* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Beverly, MA.

Property Details

Financials

Original Price$1,595,000
Annual Taxes$12,030

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms18
Fireplaces2
FlooringWood, Tile, Vinyl, Varies
BasementFull, Walk-Out Access

Climate & Utilities

HeatingOil, Forced Air, Heat Pump, Natural Gas, Unit Control
CoolingWindow Unit(s), Central Air, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR6

Property & Lot

Acres0.15
SqFt Lot6,700
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Marina • Public School • T-Station

Geography

Property History

Terminated
$1,400,000

Sep 1, 2026

MLS® 73557727

Listed
$1,400,000

Jul 31, 2026

MLS® 73557727

Terminated
$1,400,000

Jul 4, 2026

MLS® 73541055

Price Drop
$1,400,000

Was $1,595,000

Jul 2, 2026

MLS® 73541054

Listed
$1,595,000

Jun 24, 2026

MLS® 73541054

Listed
$1,400,000

Jun 24, 2026

MLS® 73541055

Population

41,994

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$105K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

40.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Diantha Phothisan

Listing Office: Engel & Volkers By the Sea

MLS® Number: 73541054

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