Residential Income in Beverly

$1,149,000

328-330 Cabot St, 01915, Beverly, MA

Residential Income for sale in Beverly, 328-330 Cabot St, 01915, 3845 m²

328-330 Cabot St, 01915, Beverly, MA

$1,149,000

7Bed
4Bath
3845
Type: Residential Income

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.

Location

328-330 Cabot St, 01915, Beverly, MA

Data

Object TypeResidential Income
Purchase Price$1,149,000
Living Space3845 m²
Plot Size617.99 m²
Bathrooms4
Construction Year1900
ConditionNot specified
Rooms20

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year1900
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

R

Real Estate Agent