Don’t miss this rare opportunity to own a well-located three family property in the vibrant heart of downtown Beverly. This versatile building features three bedrooms and three full bathrooms, a bonus room on the first floor and over 2100 sq ft of space. Situated in a highly walkable neighborhood, you’ll enjoy unbeatable access to restaurants, cafes, shops, grocery stores, and public transit—making this a sought-after address for tenants and owners alike. The property includes two separate driveways with parking for up to six cars, a valuable amenity in this bustling area. With two units currently occupied and one unit being delivered vacant, there’s immediate upside potential. Whether you’re looking to live in one unit while collecting rent, or you’re an investor seeking to increase cash flow with cosmetic or capital improvements, this property is ready to perform. Join us for the open houses Thursday 6/19 from 5:30-7, Saturday 6/21 from 11-1 or Sunday 6/22 from 11-1.

Property Details

Price:
$800,000
MLS #:
73392439
Status:
Active
Beds:
3
Baths:
3
Address:
343 Cabot St
Type:
Multi Family
Subtype:
3 Family
City:
Beverly
Listed Date:
Jun 17, 2025
State:
MA
Finished Sq Ft:
2,165
Total Sq Ft:
2,165
ZIP:
01915
Lot Size:
4,060 sqft / 0.09 acres (approx)
Year Built:
1915
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms
Fireplaces Total
1

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T- Station, University
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
6
Roof
Slate

Financial

Net Operating Income
$32,700
Tax Year
2025
Taxes
$7,555

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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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343 Cabot St
Beverly, MA