For Sale

328-330 Cabot St, Beverly, MA

Beverly · MA 01915

$1,095,000
Price
7
Beds
4
Baths
3845
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 6,652 Sq.Ft Lot
Price per square foot: $285 / Sq.Ft
Parking: 6 Off Street Spaces

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.

Neighborhood & Transit

328-330 Cabot St, Beverly · MA 01915

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
131 days
Listing Price:
$1,095,000
Price per Sq.Ft:
$285
Tax Assessment:
$1,020,300 in 2025
Taxes:
$934 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,845 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3845
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
6,652 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Shingles, Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Creatini Group
Listing office
eXp Realty LLC - Corporate Office
MLS PIN #
73541603
Disclosure
Open House Moved Tuesday 3-5PM