Attention developers and investors. Settle into a private country home offering 2 units; 2 bedrooms 1 bath downstairs and 3 bedrooms 1 bathroom upstairs. Enjoy updated kitchens with laundry while each unit offers plenty of seperated private onsite parking leading to a picturesque tree filled back yard. There are large naturally sunny living rooms with built in cabinets, dining rooms flow nicely off the kitchens along with plenty of attic/ basement storage. Bedrooms offer ample custom closets and sun filled windows. The .39 acre lot provides a landscaped back yard, private enclosed terrace with storage shed/ play fort and cookout patio perfect for Summer evenings. Lots of potential for development opportunity and/ or renovations to increase living area. Ideal turn key property for investors to collect immediate rents or to occupy one home and rent out the other.

Property Details

Price:
$749,000
MLS #:
73398212
Status:
Active
Beds:
5
Baths:
2
Address:
786 Cabot Street
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Beverly
Listed Date:
Jun 29, 2025
State:
MA
Finished Sq Ft:
2,874
Total Sq Ft:
2,874
ZIP:
01915
Lot Size:
17,102 sqft / 0.39 acres (approx)
Year Built:
1830
Units:
2

Schools

Interior

Bathrooms
2 Full Bathrooms
Flooring
Laminate, Hardwood
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Walk/ Jog Trails, Medical Facility, Bike Path, Highway Access, Public School, T- Station, University
Construction Materials
Post & Beam
Exterior Features
Garden
Other Structures
Shed(s)
Parking Features
Paved Drive, Off Street
Parking Spots
8
Roof
Shingle

Financial

Net Operating Income
$53,400
Tax Year
2025
Taxes
$7,874

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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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786 Cabot Street
Beverly, MA