4 Family - 4 Units Up/Down at 7-11 Wallis St, Beverly MA 01915, Beverly
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8 photos

$1,885,000

7-11 Wallis St, Beverly MA 01915
Beverly, MA 01915
Listed by Dan Pouladian
Bedrooms
5
Bathrooms
4.5
Living area
6,722 sqft
Year built
1860

About this home

A rare opportunity to acquire a trophy mixed-use asset in the heart of Downtown Beverly. Meticulously renovated throughout, the property blends historic character, modern systems, and durable in-place cash flow in one of the North Shore’s most desirable downtown markets. The property contains approximately 6,722± rentable square feet within a 10,223± gross square footage and features three (3) renovated residential units alongside the iconic home of Off Cabot Comedy & Events, a destination entertainment venue with a strong following. The commercial tenancy offers stable income with 5% annual rent escalations, creating built-in NOI growth and long-term stability. The unit mix of one studio, one 1-bedroom, & one 3-bedroom underwent gut renovations with sun-filled open floor plans, soaring ceilings, hardwood flooring, beautiful woodwork, large bathrooms, eat-in kitchens, and in-unit laundry. Fantastic opportunity to own a gorgeous property right in Downtown Beverly.

Highlights

Fireplace

Property details

MLS #
73531689
Property type
4 Family - 4 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
123
On market date
June 8, 2026
Stories
3
Total bathrooms
4.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Ayers/Ryal Side School
0.59 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
392
Student:teacher ratio
14.5:1
District
Beverly
Middle
Beverly Middle School
1.23 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,427
Student:teacher ratio
13.5:1
District
Beverly
High
Beverly High
1.15 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,299
Student:teacher ratio
13.8:1
District
Beverly

Walkability

Blended score for Beverly's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

84
Highly walkable
out of 100
EPA National Walkability Index
16.8 / 20 -- Most walkable

Market position

How this listing compares to current activity in Beverly, from live MLS data.

On the market 123 days -- 36 more days than Beverly's current average of 87 days.
For reference, the median list price across 210 active listings in Beverly right now is $599,995.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$11,502/mo
$377,000 down
$1,508,000 loan
Principal & interest$9,781
Property tax (est.)$1,571
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 12, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.