328-330 Cabot St, Beverly, MA 01915
328-330 Cabot St, Beverly, MA 01915
328-330 Cabot St, Beverly, MA 01915
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$1,149,000
Est. payment /mo
7 Beds
4 Baths
3,845 SqFt
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Open House

Tue Jun 30, 12:30pm - 1:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,845 sqft

Price per Sqft $298

MLS Listing ID 73541603

Bedrooms 7

Full Baths 4

Year Built 1900

Annual Tax Amount $11,213

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type 4 Family

Property Description

328 Cabot Street is 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, 328 Cabot is 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.

Location

State MA

County Essex

Zoning CC

Direction Use GPS

Interior

Fireplaces Number 1

Exterior

Community Features Public Transportation, Park

Total Parking Spaces 6

Garage No

Building

Lot Description Corner Lot

Story 4

Foundation Concrete Perimeter, Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by eXp Realty LLC - Corporate Office

NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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328-330 Cabot St