A fantastic opportunity for anyone to own a wonderful multi family home in downtown Beverly, close to shops and restaurants along Rantoul Street, and minutes to the ocean beaches, parks and train stops. This multi family is townhome style units side by side with the 1st unit having 2 beds 1.5 baths and the 2nd unit having 2 beds and 1 full bath. Large private rear yard, and garage that offers development opportunity with a new gas line that can support capacity for 3 units/houses. Owner has architect plans already drawn. The roof is approximately 12 years old, appliances are 1.5 years and other updates include heating system, fence, and gutters. Hardwood on both levels. Multiple off street parking spots available.

Property Details

Price:
$899,999
MLS #:
73350541
Status:
Active
Beds:
4
Baths:
2.5
Address:
338 Cabot St
Type:
Multi Family
City:
Beverly
Listed Date:
Mar 26, 2025
State:
MA
Finished Sq Ft:
2,034
Total Sq Ft:
2,034
ZIP:
01915
Lot Size:
5,706 sqft / 0.13 acres (approx)
Year Built:
1751
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Other
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Ductless
Flooring
Hardwood
Heating
Baseboard, Natural Gas
Laundry Features
Washer Hookup, Dryer Hookup

Exterior

Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
6

Financial

Net Operating Income
$56,400
Tax Year
2025
Taxes
$7,460

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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338 Cabot St
Beverly, MA