Listing Tools

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.

More Info

Basic Information

  • Gross Income $80,160
  • Lot Features Corner Lot
  • Mls StatusNew

Basic Information

  • List Price$1,149,000
  • MLS Number73541603
  • Modification Date06/26/2026
  • Property SubType4 Family

Property

  • Acreage0.15

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Park
  • Other AmenitiesFireplace

Other

  • Date Listed06/25/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $1,020,300
  • Tax Year 2025
  • Taxes$11,213

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms7
  • Full Bath4

Building

  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 1
  • FoundationConcrete Perimeter, Other
  • Levels 4
  • Rooms20
  • Stories4
  • Units4
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, On Street, Paved, Unpaved
  • Parking Spaces6

Location

  • Address328-330 Cabot Street
  • Building Number328-330
  • CountyEssex
  • StateMA
  • StreetCabot Street
  • TownBeverly
  • Zip01915

Property Information

  • Building Area Source Public Records
  • Living Area 3,845
  • Lot Size Square Feet 6,652
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet3,845

Map Location

Listed by Creatini Group of eXp Realty LLC - Corporate Office

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

I agree to receive marketing and customer service calls and text messages from In Realty Inc. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.