MLS #73472044 image #0
Welcome to this 5 unit multifamily opportunity in Beverly with strong in-place income. This well maintained 1915 property offers 5 units across 3 floors, totaling approx. 4,830 SF, 7 bedrooms, and 6 baths. Current rents total $10,725/month ($129,700 gross annual income). The units offer a spacious first floor 3 bedroom, 2 bathroom newly renovated unit complete with remodeled finishes, plus four additional 1 bedroom units. Many units feature hardwood floors, tile baths, and updated kitchens with upgraded cabinetry and countertops. Gas-fired hot water radiator heat, full unfinished basement, and a paved drive with off-street parking are available. Coin operated laundry in building. Conveniently located in the heart of Beverly, with proximity to public transportation, shopping, parks, schools, major routes, and Beverly’s coastline. Excellent option for investors seeking cash flow in a high-demand North Shore rental market.
Current real estate data for Multi Family in Beverly as of Feb 16, 2026
7
Multi Family Listed
84
Avg DOM
329
Avg $ / SqFt
$4,065,843
Avg List Price

Property Details

Price:
$1,475,000
MLS #:
73472044
Status:
Active Under Contract
Beds:
7
Baths:
6
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Jan 27, 2026
Finished Sq Ft:
4,830
Total Sq Ft:
4,830
Lot Size:
5,462 sqft / 0.13 acres (approx)
Year Built:
1915
Units:
5

Schools

Interior

Appliances
Dishwasher, Microwave, Refrigerator
Bathrooms
6 Full Bathrooms
Cooling
None
Flooring
Wood, Carpet, Tile, Hardwood
Heating
Hot Water, Forced Air

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Highway Access, Private School, Public School, University
Construction Materials
Frame, Stone
Parking Features
Paved Drive, Off Street
Parking Spots
7
Roof
Rubber

Financial

Net Operating Income
$128,400
Tax Year
2025
Taxes
$11,875

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Property Summary

    412 Cabot St Beverly MA is a Multi Family for sale in Beverly, MA, 01915. It is listed for $1,475,000 To schedule a showing of MLS#73472044 at 412 Cabot St in Beverly, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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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.,…

More About James
412 Cabot St
Beverly, MA