328-330 Cabot St, Beverly, MA 01915

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
328-330 Cabot St,Beverly, MA 01915
$1,149,000
  • 7 Beds
  • 4 Baths
  • 3,845 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Tue, Jun 30
    12:30 pm - 01:30 pm
Listed by: creatini group
Office: exp realty llc - corporate office
MLS#:73541603
Source:MLSPIN

Price summary

  • Price:$1,149,000
  • Price per sq. ft.:$298.83

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:73541603
  • Updated:June 28, 2026 at 05:57 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:20
  • Living area:3,845 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:3,845 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Corner Lot
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,149,000
  • Price per sq. ft.:$298.83
  • Tax amount:$11,213 (2025)

Parking

  • Total parking spaces:6
  • Parking description:Off Street, On Street, Paved, Unpaved
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