$1,149,000

About this home

Open House Moved Tuesday 3-5PM: 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.

Highlights

Property details

MLS #

73541603

Property type

4 Family

Subdivision

N/A

Status

Active

Days on market

N/A

On market date

N/A

Stories

4

Garage spaces

N/A

Lot size

0.15 acres

Nearby schools

Within 10 miles · public school directory data (NCES)