328-330 Cabot St, Beverly, MA 01915
- $1,149,000
- 7
- BD
- 4
- BA
- 3,845
- SqFt
- List Price
- $1,149,000
- Days on Market
- 79
- Status
- ACTIVE
- MLS#
- 73541603
- Bedrooms
- 7
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 3,845
- Lot Size (Acres)
- 0.15
- Year Built
- 1900
Property Description
A four-unit multifamily property along Beverly's Cabot Street corridor — close to downtown dining, commuter rail, and North Shore amenities. The mix is two one-bedroom and two two-bedroom units. The property currently generates $6,680/month from the occupied units, with one unit vacant, and offers projected stabilized rents of approximately $8,080/month. Three of the four units may be delivered vacant, providing flexibility for owner-occupancy, renovation, repositioning, or a reset to market rents, while one unit is held by an existing fixed-term lease for immediate in-place income. A full attic level — accessed by two staircases, with high ceilings and finished dormers — offers substantial expansion potential, subject to permitting. Zoned CC — Central Business District, a value-add opportunity in a central, high-visibility Beverly location. Buyer to perform all due diligence regarding zoning, use, expansion, and future development potential.
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Additional Information
- Taxes
- $11,213
- Parking Description
- Off Street, On Street, Paved, Unpaved
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Creatini Group from Listing Office: eXp Realty LLC - Corporate Office.
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