Great investor opportunity for this 3 family + an additional unit in the front, street level, currently used as a hair salon with a single station. Walking distance to Henry's market, North Beverly Plaza & other shops. Owners unit on the first floor with large fireplaced living room and an extra finished room in the basement along with the laundry. The 2 other 1BR units are on the second floor. The salon has a half bath & kitchenette room and is heated by electric baseboard - it could be used as a home business. Newer roof. Newer single gas boiler & newer gas HW tank for the whole property. Convenient to Rt 128. Within walking distance to North Beverly train station. This property has the potential to produce approximately $5,000/month in income: $2,000/mo for the main unit, $1100/mo for the each of the 1BR units and $800/mo for the salon which yields $60K annually (minus $15,516 annual expenses + any other expenses). Property has Certificate of Inspection from Beverly building dept.
Multi-familyProperty Type
1930Year Built
5,182 sq ftLot Size
$345Est. Price/Sq.Ft.
6 spacesParking
Listed by Bernard Starr• Berkshire Hathaway HomeServices Commonwealth Real Estate
Bought with Christopher Carlson• Bay State Realty Group
*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
8
Baths
3.5
Stories
2
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
2,895
Year built
1930
Style
Multi-Family (2-4 Unit)
County
Essex County
APN
4188176
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
R10
One Family Residential Urban Density District
The R-10 One-Family District is established to principally provide for single-family detached residences at urban density on small-sized lots approximately 1/4 acre minimum. Related recreational, agricultural, and educational facilities are allowed under special conditions.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Museum / gallery
Property details
Parking
Parking Information
Parking Spaces: 6
Parking Features: Off Street, Tandem
Interior
Bathroom Information
# of Bathrooms (Full): 3
# of Bathrooms (Half): 1
Basement Information
Basement: Partially Finished
Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1
Interior Features
# of Rooms (Total): 13
Interior Features: Living Room, Kitchen
Unit #1 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 2,807
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Color: yellow
Exterior Features
Roof: Shingle
Patio And Porch Features: Porch, Deck - Wood
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.12
Lot Features: Level
Financial
Tax Information
Tax Annual Amount: $6,210
Tax Year: 2019
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Fuses
Heating & Cooling
Has Heating
Heating: Steam, Natural Gas
Location
Location Information
Directions: 1A to Cabot St
UnparsedAddress: 593 Cabot Street, Beverly MA 01915
Community Information
Senior CommunityYN: No
Public facts
Beds: 8
Baths: 3.5
Sq. Ft.: 2,895
Stories: 2.0
Lot Size: 5,227 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1930
Year Renovated: —
County: Essex County
APN: 4188176
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 • 0.6mi
6/10
Beverly High School
Public 9-12 • Assigned • 0.9mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
6/10 Wind Factor
77% chance of strong winds in next 30 years
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
21
36
21
49
33
56
41
66
51
77
61
81
66
77
60
72
57
63
46
53
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$919,000 – $1.11M
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