412 Cabot St Beverly MA 01915 MLS #73472044

412 Cabot St
Beverly, MA, 01915
$1,475,000
7 Beds
6 Baths
4,830 SqFt
0.13 Acres
$1,475,000
412 Cabot St
Beverly, MA, 01915
Open House Jan 30, 2026
03:00 – 04:00
Open House Jan 31, 2026
11:00 – 12:30
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. Laundry throughout the home is coin operated. 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.

Property Details

Price:
$1,475,000
MLS #:
73472044
Status:
Active
Beds:
7
Baths:
6
Address:
412 Cabot St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Beverly
Listed Date:
Jan 27, 2026
State:
MA
Finished Sq Ft:
4,830
Total Sq Ft:
4,830
ZIP:
01915
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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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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