328-330 Cabot St, Beverly, MA 01915
- Beds
- 7
- Baths
- 4
- Sqft
- 3,845
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Open House Moved Tuesday 3-5PM: 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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 4
- Number of bedrooms
- 7
- Number of bathrooms
- 4
- Square feet
- 3,845
- Lot size (acres)
- 0.15
- Year built
- 1900
Interior features
- Fireplaces
- 1
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $11,213
Public schools
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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73541603 Last checked: …
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