Welcome to this 5 unit multifamily opportunity in Beverly with strong in-place income. This well maintained 1915 property offers 5 units across 3 floors, totaling approx. 4,830 SF, 7 bedrooms, and 6 baths. Current rents total $10,725/month ($129,700 gross annual income). The units offer a spacious first floor 3 bedroom, 2 bathroom newly renovated unit complete with remodeled finishes, plus four additional 1 bedroom units. Many units feature hardwood floors, tile baths, and updated kitchens with upgraded cabinetry and countertops. Gas-fired hot water radiator heat, full unfinished basement, and a paved drive with off-street parking are available. Coin operated laundry in building. Conveniently located in the heart of Beverly, with proximity to public transportation, shopping, parks, schools, major routes, and Beverly’s coastline. Excellent option for investors seeking cash flow in a high-demand North Shore rental market.
- Heating System:
- Forced Air, Hot Water
- Cooling System:
- No
- Basement:
- Full, Bulkhead, Unfinished
- Parking:
- Off Street, Paved Drive
- Appliances:
- Dishwasher, Microwave, Refrigerator
- Construction:
- Frame, Stone
- Flooring:
- Tile, Wood, Hardwood, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Garage Parking
- Interior Features:
- Kitchen, Walk-in Closet(s), Upgraded Cabinets, Bathroom With Tub & Shower, Open Floorplan, Pantry, Ceiling Fan(s), Living Room, Upgraded Countertops, Remodeled
- Lead Paint:
- Unknown
- Market Time:
- 4
- Parking Spaces:
- 7
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $305
- Zoning:
- CN
- No Units:
- 5
- Orig Price:
- $1,475,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Beverly
- State:
- MA
- County:
- Essex
- Postal Code:
- 01915
- Longitude:
- W71° 7' 1.8''
- Latitude:
- N42° 33' 32.8''
Residential Income
412 Cabot St, Beverly, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,475,000
- Bedrooms :
- 7
- Rooms :
- 18
- Total Bathrooms :
- 6
- Full Bathrooms :
- 6
- Square Footage :
- 4,830 Sqft
- Year Built :
- 1915
- Lot Area :
- 0.13 Acre
- Listing ID :
- 73472044
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
