Off Market
7-11 Wallis St, Beverly, MA
Beverly · MA 01915
- $1,885,000
- Price
- 5
- Beds
- 4.5
- Baths
- 6722
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1860
Units:
4 Units
Lot size:
4,317 Sq.Ft Lot
Price per square foot:
$280 / Sq.Ft
Parking:
No Parking
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.
Neighborhood & Transit
7-11 Wallis St, Beverly · MA 01915
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Beverly Commuter Rail 1 route 0.31 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 148 days
- Listing Price:
- $1,885,000
- Price per Sq.Ft:
- $280
- Tax Assessment:
- $1,118,300 in 2025
- Taxes:
- $1,024 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 3
- Half Bathrooms
- 3
- Living Area
- 6,722 Sq.Ft
- Broker Disclosure about Living Area
- 1st floor is commercial tenant, 2nd floor are 3 residential units
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 6722
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 60 Amps/Less, 200 Amps
Exterior Features
- Lot Size
- 4,317 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Clapboard, Stucco
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Dan Pouladian
- Listing office
- North Shore Realty Advisors
- MLS PIN #
- 73531689
- Disclosure
- The establishment includes a liquor license
- Disclosure
- 1st floor is commercial tenant, 2nd floor are 3 residential units