7-11 Wallis St, Beverly, MA 01915

Beverly
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
7-11 Wallis St,Beverly, MA 01915
$1,885,000
  • 5 Beds
  • 6 Baths
  • 6,722 sq. ft.
  • Multi-family
  • Active
Listed by: dan pouladian, sara pouladian
Office: north shore realty advisors
MLS#:73531689
Source:MLSPIN

Price summary

  • Price:$1,885,000
  • Price per sq. ft.:$280.42

About this home

A rare opportunity to acquire a trophy mixed-use asset in the heart of Downtown Beverly. Meticulously renovated throughout, the property blends historic character, modern systems, and durable in-place cash flow in one of the North Shore’s most desirable downtown markets. The property contains approximately 6,722± rentable square feet within a 10,223± gross square footage and features three (3) renovated residential units alongside the iconic home of Off Cabot Comedy & Events, a destination entertainment venue with a strong following. The commercial tenancy offers stable income with 5% annual rent escalations, creating built-in NOI growth and long-term stability. The unit mix of one studio, one 1-bedroom, & one 3-bedroom underwent gut renovations with sun-filled open floor plans, soaring ceilings, hardwood flooring, beautiful woodwork, large bathrooms, eat-in kitchens, and in-unit laundry. Fantastic opportunity to own a gorgeous property right in Downtown Beverly.

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Home facts

  • Year built:1860
  • Listing ID #:73531689
  • Updated:June 09, 2026 at 10:34 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:6
  • Full bathrooms:3
  • Half bathrooms:3
  • Rooms Total:13
  • Flooring:Hardwood, Tile, Wood
  • Kitchen Description:Dishwasher, Disposal, Range, Refrigerator
  • Basement Description:Finished, Full
  • Living area:6,722 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Rubber
  • Year built:1860
  • Building area:6,722 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Corner Lot
  • Exterior Features:Balcony/Deck, Porch
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,885,000
  • Price per sq. ft.:$280.42
  • Tax amount:$12,290 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Open Floorplan

Parking

  • Parking description:On Street
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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