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The Cabot Collection includes 8 properties located at 39 Railroad Ave, 5 Pleasant St, and 62, 64, 66, 80, 84 and 130 Cabot St. The Portfolio consists of 3 commercial units, 8 Studio units, (42) 1-Bed units, (22) 2-Bed units, and (2) 3-Bed units, for a total of 77 units centered around Cabot Street in Downtown Beverly, which satisfies the high demand for workforce housing in the Boston/North Shore real estate market. Over the last several years, approximately 68 of the 77 units have been renovated, and more than half of the properties feature newer roofs, most common areas have been cosmetically upgraded and many of the kitchens have been redone with modern upgrades. The opportunity exists to continue with the programmatic upgrade of the residential units to push rental rates in a high demand/limited supply market. The Cabot Collection offers investors the rare opportunity to acquire a critical mass of investment properties in a supply-constrained downtown market within the Boston MSA.
Current real estate data for Multi Family in Beverly as of Oct 07, 2025
9
Multi Family Listed
80
Avg DOM
382
Avg $ / SqFt
$3,737,422
Avg List Price

Property Details

Price:
$22,000,000
MLS #:
73416629
Status:
Pending
Beds:
99
Baths:
81
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
Listed Date:
Aug 12, 2025
Finished Sq Ft:
52,603
Total Sq Ft:
52,603
Lot Size:
47,480 sqft / 1.09 acres (approx)
Year Built:
1890
Units:
77
PoolTennis

Schools

Interior

Bathrooms
81 Full Bathrooms

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Parking Features
Off Street
Parking Spots
72
Roof
Shingle, Rubber

Financial

Net Operating Income
$1,318,063
Tax Year
2025
Taxes
$194,667

Map

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Property Summary

    The Cabot Collection Beverly MA is a Multi Family for sale in Beverly, MA, 01915. It is listed for $22,000,000 To schedule a showing of MLS#73416629 at The Cabot Collection 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
The Cabot Collection
Beverly, MA