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412 Cabot St, Beverly MA 01915

$1,475,000

Estimated $3,381.29/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $295,000

Total Rent: 105600/year

Estimated CAP Rate: 6.35%

7 Bedrooms

6 Full Baths

4,830 SqFt

Total Parking: 7

5,462 SqFt

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. Laundry throughout the home is coin operated. 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.

This home has been viewed 9 times

Last Checked: January 28th, 2026 at 7:48am (Source: MLS PIN #73472044)

Gross Income: $105,600

Gross Expenses: $11,875

Net Income Calc: $93,725

CAP Rate: 6.35%

Annual Expenses for 412 Cabot St, Beverly MA 01915

Total Gross Expenses (Calculated)$11,875/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$11,875

Annual Income & Unit Breakdown for 412 Cabot St, Beverly MA 01915

Total Gross Income (Calculated)$105,600

Unit 1

Rental Income$3,300

LeaseY

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,975

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,800

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 4

Rental Income$1,725

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent Includes

General Information for 412 Cabot St, Beverly MA 01915

Listing ID73472044

Property TypeMulti Family

Price$1,475,000 ($305.38/SqFt)

Style5+ Family - 5+ Units Up/down

CityBeverly

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total4,830 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking7

Garage Parking

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Stone

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceDeck - Wood, Porch

ZoningCN

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Ownership(public), 1 To 2 Mile To Beach

Energy FeaturesBox/Bay/Bow Window(s)

Terms

Disclosures for 412 Cabot St, Beverly MA 01915

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOther (see Remarks)

Total Gross Expenses By Broker$0

Total Gross Income By Broker$128,400

Total Net Income By Broker$128,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 412 Cabot St, Beverly MA 01915

Real Estate Taxes$11,875

Tax Year2025

Assessed Value$1,080,500

Financial Data SourceOther (see Remarks)

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$128,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$128,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.35%

Location Information for 412 Cabot St, Beverly MA 01915

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Public Transportation, Private School, University

Contact Information for 412 Cabot St, Beverly MA 01915

Agent

Name: The Pizzo Group

Office

Name: Aluxety

Phone: 800-806-3212

Payment Calculator

, Interest

Property Taxes 989.58

Principal & Interest 9088.48

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Aluxety

The Pizzo Group

Agent Phone

Office Phone

(800) 806-3212

Text Agent Call Agent Call Office

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EXIT

Active

412 Cabot St, Beverly MA 01915

$1,475,000

Annual Expenses for 412 Cabot St, Beverly MA 01915

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Financial Information for 412 Cabot St, Beverly MA 01915

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The Pizzo Group