For Sale · Multi-Family
328-330 Cabot St
Beverly, MA 01915
Price cut: $54,000
$1,095,000
$1,149,000
$285 per sq ft
- 7
- beds
- 4
- baths
- 3,845
- sq ft
Est. payment: $6,621/mo Estimated. Taxes and insurance included.
- Lot (sq ft)
- 6,652
- Year Built
- 1900
- Type
- Multi-Family
- Status
- For Sale
- Property taxes (2025)
- $11,213
- Assessed value
- $1,020,300
- Days on Market
- 55
About this home
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.
Facts & features
Interior
- Total rooms
- 20
- Fireplaces
- 1
Systems & utilities
- Water
- Public
- Sewer
- Public Sewer
Exterior & parking
- Parking
- Off Street, On Street, Paved, Unpaved
- Total parking
- 6
Construction
- Foundation
- Concrete Perimeter, Other
- Year built
- 1900
Flood risk
Location
Courtesy of eXp Realty LLC - Corporate Office
MLS #: 73541603 · Updated: September 19, 2026
Listing data is provided in part by MLS PIN and PrimeMLS/NEREN and is for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed.
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