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Beverly, MA 01915 Active    List Price $1,149,000    MLS # 73541603 - Multi-Family
# Units   4   Rooms   20   Type   4 Family   Garage Spaces   0   GLA   3,845SF  
Heat Units   0   Bedrooms   7   Lead Paint   Unknown   Parking Spaces   6   Lot Size   6,652SF  

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.

Listing Office: eXp Realty, Listing Agent: Creatini Group

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