MA
Essex
Beverly
01915
328-330 Cabot St
328-330 Cabot St, Beverly, MA 01915
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Listing Type
Multi Family
Listing Status
Active
30
$1,149,000

Home Details for 328-330 Cabot St

Price
$1,149,000
Type
Residential Income
Bedrooms
7
Total Bathrooms
4
Full Bathrooms
4
Square feet
3845
Year built
1900
Lot size acres
0.15
County
Essex
Total rooms
20
MLS Listing#
73541603
Property Description

328 Cabot Street is 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, 328 Cabot is 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.

Property Features
  • Parking
    • Off Street
    • On Street
    • Paved
    • Unpaved
  • Water Features
    • Public
Listing Courtesy: eXp Realty LLC - Corporate Office - 888-854-7493
Presented by: Creatini Group
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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