328 Cabot Street is a four-unit multifamily property along Beverly's Cabot Street corridor - close to downtown dining, commuter rail, and North Shore amenities. The mix is two one-bedroom and two two-bedroom units. The property currently generates $6,680/month from the occupied units, with one unit vacant, and offers projected stabilized rents of approximately $8,080/month. Three of the four units may be delivered vacant, providing flexibility for owner-occupancy, renovation, repositioning, or a reset to market rents, while one unit is held by an existing fixed-term lease for immediate in-place income. A full attic level - accessed by two staircases, with high ceilings and finished dormers - offers substantial expansion potential, subject to permitting. Zoned CC - Central Business District, 328 Cabot is a value-add opportunity in a central, high-visibility Beverly location. Buyer to perform all due diligence regarding zoning, use, expansion, and future development potential.

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Property Details of 328-330 Cabot Street

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Listed by Creatini Group of eXp Realty LLC - Corporate Office

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