The Cabot Collection, Beverly, MA 01915
- Beds
- 99
- Baths
- 81
- Sqft
- 52,603
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
- 3
- 0
Overview
The Cabot Collection includes 8 properties located at 39 Railroad Ave, 5 Pleasant St, and 62, 64, 66, 80, 84 and 130 Cabot St. The Portfolio consists of 3 commercial units, 8 Studio units, (42) 1-Bed units, (22) 2-Bed units, and (2) 3-Bed units, for a total of 77 units centered around Cabot Street in Downtown Beverly, which satisfies the high demand for workforce housing in the Boston/North Shore real estate market. Over the last several years, approximately 68 of the 77 units have been renovated, and more than half of the properties feature newer roofs, most common areas have been cosmetically upgraded and many of the kitchens have been redone with modern upgrades. The opportunity exists to continue with the programmatic upgrade of the residential units to push rental rates in a high demand/limited supply market. The Cabot Collection offers investors the rare opportunity to acquire a critical mass of investment properties in a supply-constrained downtown market within the Boston MSA.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 3
- Number of bedrooms
- 99
- Number of bathrooms
- 81
- Square feet
- 52,603
- Lot size (acres)
- 1.09
- Year built
- 1890
Exterior features
- Area amenities
- Golf Course
Garage and parking
- Garage parking spaces
- 2
Utilities
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2025)
- $194,667
Public schools
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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73416629 Last checked: …
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