$1,095,000
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.
Highlights
Property details
- MLS #
- 73541603
- Property type
- 4 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 106
- On market date
- June 25, 2026
- Stories
- 4
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- 6
- Lot size
- 0.15 acres
Location
Get directions →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).
- Enrollment
- 392
- Student:teacher ratio
- 14.5:1
- District
- Beverly
- Enrollment
- 1,427
- Student:teacher ratio
- 13.5:1
- District
- Beverly
- 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). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Beverly, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 21 days ago.
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.