412 Cabot St Beverly, MA 01915
Gloucester Crossing NeighborhoodEstimated payment $8,657/month
Highlights
- Beach Front
- Open Floorplan
- Property is near public transit and schools
- Medical Services
- Deck
- 4-minute walk to Holcroft Park
About This Home
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. Coin operated laundry in building. 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
Home Type
- Multi-Family
Est. Annual Taxes
- $11,875
Year Built
- Built in 1915
Lot Details
- 5,462 Sq Ft Lot
- Beach Front
- Fenced
Home Design
- Stone Foundation
- Frame Construction
- Rubber Roof
- Stone
Interior Spaces
- 4,830 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Living Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Microwave
- Dishwasher
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Walk-In Closet
- 6 Full Bathrooms
- Bathtub with Shower
Parking
- 7 Car Parking Spaces
- Driveway
- 7 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Bulkhead
- Deck
- Porch
Location
- Property is near public transit and schools
Utilities
- No Cooling
- Forced Air Heating System
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 30222,4185642
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
Building Details
- Net Operating Income $128,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,875 | $1,080,500 | $357,900 | $722,600 |
| 2024 | $11,072 | $985,900 | $293,000 | $692,900 |
| 2021 | $10,126 | $797,300 | $198,400 | $598,900 |
| 2020 | $10,361 | $786,200 | $187,300 | $598,900 |
| 2019 | $9,835 | $741,100 | $166,900 | $574,200 |
| 2018 | $8,851 | $650,800 | $163,200 | $487,600 |
| 2017 | $7,096 | $496,900 | $120,600 | $376,300 |
| 2016 | $6,795 | $472,200 | $120,600 | $351,600 |
| 2015 | $6,663 | $472,200 | $120,600 | $351,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/27/2026 01/27/26 | For Sale | $1,475,000 | -- | $305 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73472044
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
- 9 Swan St Unit 3
- 9 Swan St Unit 2
- 6 Charles St
- 14 Harrison Ave
- 28 Columbus Ave Unit 4
- 28 Columbus Ave Unit 3
- 50 Balch St Unit 205
- 348 Rantoul St Unit 202
- The Cabot Collection
- 261 Rantoul St
- 19 Cedar St
- 42 Bisson St
- 98 Northridge Rd Unit 98
- 16 Jewett Rd
- 27 Folger Ave
- 23 Winthrop Ave Unit 1
- 68 Paine Ave
- 13 Giles Ave Unit 2
- 23 1/2 Lovett St
- 123 Livingstone Ave
- 25 Bennett St Unit 2
- 480 Rantoul St
- 353 Cabot St Unit 1
- 22 Roundy St Unit 2
- 375 Rantoul St
- 315 Rantoul St Unit 404
- 49 Federal St
- 73 Essex St Unit 1
- 2 Chase St Unit 2
- 278 Cabot St Unit 3
- 33 Home St Unit A
- 26 Gregg St Unit 2
- 4 Essex St Unit 3A
- 199-211 Rantoul St
- 55 Hale St Unit 55HaleStreet Unit 1
- 55 Hale St Unit 1
- 50 Broadway Unit 19
- 50 Broadway Unit 25
- 50 Broadway Unit 1
- 50 Broadway Unit 34