Movoto Real Estate
Sold on 08/08/2024
  • Exterior
  • Kitchen
  • Entry Way
  • Living
  • Bedroom
  • Bath
  • Other

352 Cabot St, Beverly, MA 01915

$1,435,000

Last sold 08/08/2024 for $1.2M

  • 6

    bed

  • 4

    bath

  • 2,853

    Sqft ($421/Sqft)

Multi-family not for sale

About 352 Cabot St

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 5,519 Sqft
Movoto estimate
Property description
This 3-story four-family has had the same ownership for 40 years and has been well maintained. The property boasts a rentable square footage of 2,853± with a total gross of 4,248± SF. The property consists of two (2) two-bedroom units, one (1) one-bedroom unit and one (1) studio. The property offers a yard space, private balcony, tenants coin-op laundry, as well as 5-6 surface parking spots. Each unit is separately metered for gas heat/hot water with hot water heaters replaced over the past 2-3 years. This property offers investors a value-add opportunity with under-market rents currently in place within a supply restrained prime location. The asset is in close proximity to the Cummings Center, Lahey Medical and Beverly Depot with various transportation options and accessible to all major thoroughfares.
Listed by
Listing Agent - Dan Pouladian
Listing Office - North Shore Realty Advisors
Source: MLS Property Information Network, Inc. mls logo
MLS#73269879 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
Overview
Levels/Style 8
MLS # 73269879
Type Residential Income
Status Closed
SubType 4 Family
SqFt 2853
Lot Size (SqFt) 5519
Lot Size (Acres) 0.13
Annual Property Tax 8967
Year Built 1920
Interior
Total # of Bathrooms 4
# Full Baths 4
Total # of Bedrooms 6
Basement Full
Total # of Rooms 14
Door Features Insulated Doors
Window Features Insulated Windows
Exterior
Foundation Stone
Roof Shingle
Construction Frame
Parking Desc Paved Drive, Off Street
# Parking Spaces 6
Exterior Features Balcony
Amenities / Utilities
Sewer Public Sewer
Green Features: Energy Efficiency Varies Per Unit
Electricity 200+ Amp Service
Water Source Public
Location
Waterfront Beach Front, Harbor, Ocean, 1/10 To 3/10 To Beach, Beach Ownership(Public)
County Essex
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, T-Station, University
Zoning RMD
APN M:0020 B:0194 L:, 4183925
Directions Cabot Street
Multifamily Details
Net Operating Income 72204
Operating Expense 6002
Total Actual Rent 7575
Expense: Water/ Sewer 980
Gross Income 90900
Expense: Electricity 271
Lot/ Land Details
Road Frontage Public
$1.43M
Range: $1.19M-$1.67M
Last 30 days 
  • Jul 2024
    mls logo MLS # 73269879
  • Jul 26, 2024 Listed
    $1,200,000
  • Year Property taxes Tax assessment
  • 2025
    $9,728 +8.5%
    $885,200 +10.86%
  • 2024
    $8,967 +3.6%
    $798,500 +3.86%
  • 2023
    $8,657 +7.9%
    $768,800 +16.64%
  • 2022
    $8,021 -0.6%
    $659,100 +3.75%
  • 2021
    $8,068
    $635,300
  • 352 Cabot St
    $1.2M
  • —
  • 01915
    $739K +12% y/y
  • Beverly
    $739K -9% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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