Property details
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.
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- Listing office
- eXp Realty LLC - Corporate Office
- Listing agent
- Creatini Group
- MLS #
- 73541603
- Status
- For sale
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Listing data (c) MLS Property Information Network, Inc. Data last updated October 19, 2026, 12:20 AM EDT.