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About the Listing AN8387 - TM319354
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.
Listing Highlights
Status
Active With Contingency
Days on Site
19
Property Type
Multi-Family
MLS ®
73472044
Year Built
1915
Total Square Footage
4,830
Lot/Acreage
0.13
County
Essex
Interior Details
- Bedrooms: 7
- Bathrooms: 6 Full
- Appliances: Dishwasher, Microwave, Refrigerator
- Air Cond:
- Heating: Hot Water,Forced Air
- Fireplaces: 0
- Floor: Wood,Carpet,Tile,Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Pantry,Upgraded Cabinets,Upgraded Countertops,Walk-In Closet(s),Bathroom With Tub & Shower,Open Floorplan,Remodeled,Ceiling Fan(s),Living Room,Kitchen
- Water: Public
Exterior Details
- Lot Description: Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
- Garage Capacity: N/A
- Parking Spaces: 7
- Zoning: CN
- Roof: Rubber
- Others:
- Sewer: Public Sewer
- Parking Features: Paved Drive,Off Street,Parking Spaces: 7
Financial Details
- Tax Amount: $11,875
- Taxes w/Assessments: $1,080,500
- Tax/Property ID: 30222,4185642
- Tax Year: 2025
Payment Calculator
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Questions About..
412 Cabot St Beverly, MA 01915
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