This owner-occupied property has four units--three 2-bedroom apartments plus additional income from an established sub-shop with long term lease. All apartments have been updated and have SS appliances, granite and new flooring. Sub-shop completely rebuilt with all new fixtures in 2018. Off-street parking in front for the shop and additional in the back for tenants plus 1-1/2 bay garage for owner use or rental. Fenced yard with deck and above-ground pool w/cabana. This turnkey investment is updated to code, with the apartments delivered empty for new owner to rent at market rates. Electricity for common areas is supplied by solar and building exterior is low-maintenance vinyl siding and composite decking, keeping owner costs low. Interior built-in fire suppression system. Potential 1031 exchange or condo conversion.
Multi-familyProperty Type
1900Year Built
0.33 acresLot Size
$380Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Dennis Marks• Keller Williams Realty
Bought with John Farrell• Coldwell Banker Residential Brokerage - Beverly
Rental and business income potential! This is a unique opportunity to own a nicely-maintained 2-family home combined w/rental income from an established and thriving Beverly sandwich shop. The 2-family home has 4 total bedrooms, a large, beautifully-maintained yard + pool, 1.5-car garage and large storage shed. The house has its own decks, professionally-landscaped yard and exclusive parking, making it feel quite separate from the business. A very special opportunity in Beverly indeed!
Year
Property tax
Land + Additions
Assessment*
2023
$520,700 + $555,700
$1,076,400
2022
$494,600 + $548,200
$1,042,800
2021
$468,600 + $526,600
$995,200
2020
$390,500 + $366,300
$756,800
2019
$390,500 + $283,100
$673,600
2018
$312,400 + $273,300
$585,700
2017
$247,300 + $281,600
$528,900
2016
$247,300 + $273,800
$521,100
2015
$247,300 + $273,800
$521,100
2014
$221,300 + $243,900
$465,200
2013
$221,300 + $243,900
$465,200
2012
$221,300 + $236,400
$457,700
2011
$221,300 + $236,400
$457,700
2010
$244,000 + $246,400
$490,400
2009
$244,000 + $246,400
$490,400
Tax history for 496 Cabot St
Year
Property tax
Land + Additions
Assessment*
2023
$520,700 + $555,700
$1,076,400
2022
$494,600 + $548,200
$1,042,800
2021
$468,600 + $526,600
$995,200
2020
$390,500 + $366,300
$756,800
2019
$390,500 + $283,100
$673,600
2018
$312,400 + $273,300
$585,700
2017
$247,300 + $281,600
$528,900
2016
$247,300 + $273,800
$521,100
2015
$247,300 + $273,800
$521,100
2014
$221,300 + $243,900
$465,200
2013
$221,300 + $243,900
$465,200
2012
$221,300 + $236,400
$457,700
2011
$221,300 + $236,400
$457,700
2010
$244,000 + $246,400
$490,400
2009
$244,000 + $246,400
$490,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
3.5
Stories
3
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
—
Sq. Ft.
3,351
Year built
1900
Style
Other
County
Essex County
APN
4187082
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
CN
Neighborhood Commercial District
The CN Neighborhood Commercial District is established principally to allow for limited commercial development adjacent to residential neighborhoods, intended to serve primarily those neighborhoods.
Permitted uses
Include but are not limited to:
Agriculture
General retail
Housing-Single unit
Housing-Multiple units
Office
Medical office
Museum / gallery
Death related/funeral home
Property details
Parking
Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 1
# of Covered Spaces: 1
Parking Spaces: 10
Parking Features: Paved Drive, Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 3
# of Bathrooms (Half): 1
Interior Features
# of Rooms (Total): 13
Flooring: Carpet, Wood
Interior Features: Ceiling Fan(s), Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Bathroom with Shower Stall, Living Room, Kitchen, Mudroom
Exterior
Building Information
Building Area (Total): 3,194
Foundation Details: Concrete Perimeter
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Color: Yellow
Exterior Features
Roof: Shingle
Exterior Features: Varies per Unit
Pool Information
Pool Features: Above Ground
Property Information
PropertySubType: 4 Family - 4 Units Up/Down
Other Structures: Cabana
Lot Information
Lot Size (Acres): 0.33
Lot Features: Corner Lot
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $8,898.25
Tax Year: 2019
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: N
Unit #4 Information
# of Floors: 1
Lease: Y
Location Information
Directions: Rt 128 Exit 20B to Dodge St to Cabot St.
UnparsedAddress: 496 Cabot St, Beverly MA 01915
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Private School, Public School
Public facts
Beds: 6
Baths: 3.5
Sq. Ft.: 3,351
Stories: 3.0
Lot Size: 0.33 acres
Style: Other
Year Built: 1900
Year Renovated: —
County: Essex County
APN: 4187082
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Briscoe Middle School
Public 5-8 • Assigned • 0.1mi
6/10
Beverly High School
Public 9-12 • Assigned • 0.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Flood Factor
We're working on getting current and accurate flood risk information for this home.
Fire Factor
We're working on getting current and accurate fire risk information for this home.
6/10 Heat Factor
7 hot days expected this year, 15 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Beverly, MA • 01915
Average low and high temperatures (°F)
33
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49
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41
66
51
77
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81
66
77
60
73
56
62
47
53
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$1.15M – $1.40M
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