328-330 Cabot St, Beverly, MA 01915
328-330 Cabot St, Beverly, MA 01915
328-330 Cabot St, Beverly, MA 01915
328-330 Cabot St, Beverly, MA 01915
328-330 Cabot St, Beverly, MA 01915
328-330 Cabot St, Beverly, MA 01915
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Christopher M. Scheffler

Christopher M. Scheffler

+1(978) 500-7133
$ 1,149,000
Est. payment | /mo

7 Beds

4 Baths

3,845 SqFt

Save
$ 1,149,000
Est. payment | /mo
Save

7 Beds

4 Baths

3,845 SqFt

Open House

Fri Aug 07, 5:00pm - 6:30pm

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,845 sqft

Price per Sqft $298

MLS Listing ID 73541603

Bedrooms 7

Full Baths 4

Year Built 1900

Annual Tax Amount $11,213

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type 4 Family

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.

Location

State MA

County Essex

Zoning CC

Direction Use GPS

Interior

Fireplaces Number 1

Exterior

Community Features Public Transportation, Park

Total Parking Spaces 6

Garage No

Building

Lot Description Corner Lot

Story 4

Foundation Concrete Perimeter, Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by eXp Realty LLC - Corporate Office

Nearby Locations

Christopher M. Scheffler

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 500-7133

chris@schefsells.com

170 Commerce Way, Suite 200, Portsmouth, NH 03801, USA

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328-330 Cabot St