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.
Listing last checked: Listing updated:
Listed by Creatini Group · eXp Realty LLC - Corporate Office · MLS #73541603
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Details at a glance
Interior3 property facts
- Rooms
- 20
- Basement
- Not reported
- Fireplaces
- 1
Building4 property facts
- Style
- 4 Family
- Year built
- 1900
- Parking
- 6
- Foundation
- Concrete Perimeter, Other
Land & utilities5 property facts
- Lot size
- 0.15 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- CC
Financial2 property facts
- Annual taxes
- $11,213
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,095,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$6,471 / monthAdjust
- Principal & interest
- $5,537
- Property tax
- $934
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $11,213. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $1,174,029
Estimated range $1,092,394–$1,255,665.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 328-330 Cabot St
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