Seller's Agent in 2026
Henry Pizzo
Aluxety
(978) 317-6139
2 in this area
132 Total Sales
412 Cabot St Beverly, MA 01915
Gloucester Crossing Neighborhood
7
Beds
6
Baths
4,830
Sq Ft
5,462
Sq Ft Lot Lot
Highlights
- Beach Front
- Open Floorplan
- Property is near public transit and schools
- Medical Services
- Deck
- 5-minute walk to Bessie Baker Park
About This Home
As of March 2026Welcome 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
- Total Actual Rent $10,725
- 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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2026 03/17/26 | Sold | $1,475,000 | 0.0% | $305 / Sq Ft |
| 02/08/2026 02/08/26 | Pending | -- | -- | -- |
| 01/27/2026 01/27/26 | For Sale | $1,475,000 | -- | $305 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 |
Source: Public Records
Agents Affiliated with this Home
-
Henry Pizzo
-
Blake La Grassa
Buyer's Agent in 2026
Blake La Grassa
Compass
(508) 367-0175
1 in this area
1 Total Sale
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73472044
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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.
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