The Cabot Collection, Beverly, MA 01915

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
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The Cabot Collection,Beverly, MA 01915
$22,000,000
  • 99 Beds
  • 81 Baths
  • 52,603 sq. ft.
  • Multi-family
  • Active
Listed by:stephen girolamo
Office:horvath & tremblay
MLS#:73416629
Source:MLSPIN

Price summary

  • Price:$22,000,000
  • Price per sq. ft.:$418.23

About this home

The Cabot Collection includes 8 properties located at 39 Railroad Ave, 5 Pleasant St, and 62, 64, 66, 80, 84 and 130 Cabot St. The Portfolio consists of 3 commercial units, 8 Studio units, (42) 1-Bed units, (22) 2-Bed units, and (2) 3-Bed units, for a total of 77 units centered around Cabot Street in Downtown Beverly, which satisfies the high demand for workforce housing in the Boston/North Shore real estate market. Over the last several years, approximately 68 of the 77 units have been renovated, and more than half of the properties feature newer roofs, most common areas have been cosmetically upgraded and many of the kitchens have been redone with modern upgrades. The opportunity exists to continue with the programmatic upgrade of the residential units to push rental rates in a high demand/limited supply market. The Cabot Collection offers investors the rare opportunity to acquire a critical mass of investment properties in a supply-constrained downtown market within the Boston MSA.

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Home facts

  • Year built:1890
  • Listing Id #:73416629
  • Updated:August 14, 2025 at 10:28 AM

Rooms and interior

  • Bedrooms:99
  • Total bathrooms:81
  • Full bathrooms:81
  • Living area:52,603 sq. ft.

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1890
  • Building area:52,603 sq. ft.
  • Lot area:1.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$22,000,000
  • Price per sq. ft.:$418.23
  • Tax amount:$194,667 (2025)
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