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Sold on 11/21/2019

593 Cabot St, Beverly, MA 01915

  • $1,056,000

    Last sold 11/21/2019 for $555K

  • 5

    bed

  • 3.5

    bath

  • 2,807

    Sqft ($198/Sqft)

Multi-family not for sale
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About 593 Cabot St

Property type Multi-family
Year built 1930
HOA fee $0/month
Lot size 5,182 Sqft
Movoto estimate
Property description
Great investor opportunity for this 3 family + an additional unit in the front, street level, currently used as a hair salon with a single station. Walking distance to Henry's market, North Beverly Plaza & other shops. Owners unit on the first floor with large fireplaced living room and an extra finished room in the basement along with the laundry. The 2 other 1BR units are on the second floor. The salon has a half bath & kitchenette room and is heated by electric baseboard - it could be used as a home business. Newer roof. Newer single gas boiler & newer gas HW tank for the whole property. Convenient to Rt 128. Within walking distance to North Beverly train station. This property has the potential to produce approximately $5,000/month in income: $2,000/mo for the main unit, $1100/mo for the each of the 1BR units and $800/mo for the salon which yields $60K annually (minus $15,516 annual expenses + any other expenses). Property has Certificate of Inspection from Beverly building dept.
Listed by
Listing Agent - Bernard Starr
Listing Office - Berkshire Hathaway HomeServices Commonwealth Real Estate
Source: MLS Property Information Network, Inc. mls logo
MLS#72409890 • last updated 6 years ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
Overview
Levels/Style 3
Type Multi-family
MLS # 72409890
SqFt 2807
Status Sold
SubType 3 Family
Lot Size (Acre) 0.12
Property Tax 6210
Year Built 1930
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 3, 3
# Half Baths 1
Total # of Bedrooms 5, 5
Total # of Rooms 11, 13, 11
Basement Partially Finished
# Fireplaces 1, 1
Exterior
Foundation Fieldstone
Exterior Vinyl
Roof Asphalt/Fiberglass Shingles
Construction Frame
Parking Desc Off-Street, Tandem
# Parking Spaces 6
Exterior Features Porch, Deck - Wood
Lot Desc Level
Amenities / Utilities
Electricity Fuses
Utilities: Hot Water Natural Gas, Tank
Water Source City/Town Water
Location
County Essex
APN 4188176
Multifamily Details
# of Units 4
Unit 3 Rent 750
$1.05M
Range: $760K-$1.35M
Last 30 days 
  • Nov 2019
    mls logo MLS # 72409890
  • Nov 21, 2019 Sold
    $555,000 (-10.5%)
  • Sep 16, 2019 Under Agreement
    —
  • Sep 11, 2019 Contingent
    —
  • Jul 10, 2019 Back On Market
    —
  • Apr 25, 2019 Under Agreement
    —
  • Apr 11, 2019 Contingent
    —
  • Mar 15, 2019 Price Changed
    $619,900 (-4.6%)
  • Oct 12, 2018 Listed
    $649,900
  • 593 Cabot St
    $555K
  • —
  • 01915
    $739K +12% y/y
  • Beverly
    $699K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Beverly High School
public Grades 9-12
Beverly School District
Source: GreatSchools.org © 2026. All rights reserved.

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