34% of homes accept an offer within 2 weeks. Tour it before it's gone!
Tomorrow:
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.
Multi-familyProperty Type
1900Year Built
6,652 sq ftLot Size
$285Price/Sq.Ft.
6 spacesParking
Listed by Creatini Group• eXp Realty LLC - Corporate Office
Downtown, located between Beverly Harbor and Beverly Farms, is a historic and walkable Beverly neighborhood with a commuter-rail spine and a waterfront edge. Cabot Street and Rantoul Street concentrate the neighborhood’s character, where independent cafes, galleries, and small storefronts line the blocks near the theater marquee. The Cabot anchors the cultural calendar with live music and film in a restored venue. Montserrat College of Art’s galleries add a studio-minded pulse to the streetscape. Brick commercial buildings and compact side streets frame a day-to-night rhythm around restaurants and bakeries. Pocket parks and the harborfront set a salt-air backdrop for errands and evening strolls.
Provided by Walk Score and Local Logic
Offer insights
328-330 Cabot St · $1,095,000
$1.09M and above
75% chance or better to win
Why $1.09M+ is a strong offer
DAYS ON MARKET
74 days
The average home goes pending in 26 days.
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Total of 20 rooms
One fireplace
Bedrooms
Property configured as a 4-family (individual unit bedroom counts not provided)
Bathrooms
Four full bathrooms
Exterior features
Corner lot
Public road frontage
Publicly maintained road
Public transportation access nearby
Near a park
Home design
4-family building
Total of 4 stories
Approximately 3,845 total building area
Parking
Six parking spaces
Combination of off-street and on-street parking
Paved and unpaved parking areas
Construction
Concrete perimeter foundation
Year built reported from public records (approximate)
Utilities
Public water
Public sewer
HOA & community
Not a senior community
Financial info
Annual tax information available (financial details excluded by request)
Electricity and solar
View estimated energy costs and solar savings for this home