$1,349,000
508 Elliott St
Beverly, MA, 01915
Outstanding investment opportunity in Beverly! This 4-family property offers four spacious two bedroom, one bath units with well designed layouts. A large level lot provides a spacious yard, ample parking and possible future opportunities. With below-market rents and strong upside potential, this is a prime value-add asset for investors, contractors, or owner-occupants looking to generate income. The property also presents an excellent condo conversion opportunity. Enjoy easy access to Route 128 and the MBTA commuter rail, making this a commuter-friendly location. Whether you’re seeking steady cash flow or long-term appreciation on the North Shore, this is a rare chance to own a well-located, multi-unit building with room to grow. All this ideally located near downtown, shops, and restaurants.
Property Details
Price:
$1,349,000
MLS #:
73418850
Status:
Active
Beds:
8
Baths:
4
Address:
508 Elliott St
Type:
Multi Family
Subtype:
4 Family
City:
Beverly
Listed Date:
Aug 16, 2025
State:
MA
Finished Sq Ft:
3,984
Total Sq Ft:
3,984
ZIP:
01915
Lot Size:
9,139 sqft / 0.21 acres (approx)
Year Built:
1909
Units:
4
Schools
Interior
Bathrooms
4 Full Bathrooms
Exterior
Community Features
Public Transportation, Shopping, Highway Access, Public School
Parking Features
Paved Drive, Off Street
Parking Spots
4
Financial
Tax Year
2025
Taxes
$12,367
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…
More About MarieMortgage Calculator
Map
Similar Listings Nearby
- 13-15 Ocean Ter
Salem, MA$1,399,999
3.52 miles away
- 166 High Street
Danvers, MA$1,395,000
0.82 miles away
- 234 Pleasant St
Marblehead, MA$1,150,000
4.81 miles away
- 62-R Wallis Street
Peabody, MA$1,120,000
2.09 miles away
- 144 North St
Salem, MA$1,085,000
2.00 miles away
- 37 Mason Street
Salem, MA$1,050,000
2.27 miles away
- 16 Horton Street
Salem, MA$949,900
3.47 miles away
- 25 Pearl Street
Marblehead, MA$949,000
4.58 miles away
Courtesy of Keller Williams Realty Evolution. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
508 Elliott St
Beverly, MA
LIGHTBOX-IMAGES