Active
80 Days on market
328-330 Cabot St Beverly — Photo 1 of 33

328-330 Cabot St Beverly — Photo 1 of 33

$1,149,000

Investment Analysis — 328-330 Cabot St

Beverly, MA 01915

Based on rent reported on the MLS listing, a 4-unit multi-family in 01915 carries $6,680/mo in gross rent — about a 4.33% cap rate and $49,709/yr in estimated NOI at the $1,149,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

4

SqFt

3,845

Style

4 Family

Built

1900

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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,149,000
Annual Taxes$11,213

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms20
Fireplaces1
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter, Other
ZoningCC

Property & Lot

Acres0.15
SqFt Lot6,652
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Park

Geography

Listing Provided By

Listing Agent: Creatini Group

Listing Office: eXp Realty LLC - Corporate Office

MLS® Number: 73541603