328-330 Cabot St, Beverly, MA 01915

• 7 beds |
• 4 baths |
• 3,845 sqft

Property Description

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 Status:

Active

Date Added:

June 25, 2026

Data Last Updated:

October 5, 2026 at 10:06PM

Listing Office:

eXp Realty LLC - Corporate Office : 888-854-7493

Listing Agent:

Creatini Group : 617-804-1999

MLS ID:

73541603

Interior

• Fireplace: FireplaceFireplaces: 1

Exterior

• Parking: Off StreetOn StreetPavedUnpavedParking spaces: 6

Construction

• General: 4Concrete PerimeterOther

Location

• Road/Access: Public
• Originating MLS: MLS Property Information Network
• County: Essex

Lot

• Zoning: CC

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: MLS Property Information Network