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MLS® ID: 72409890

593 Cabot Street

Beverly, Massachusetts, 01915

$619,900 Active
  • 5 Beds
  • 3.5 Baths
  • 2807 SQFT
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.
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Listing courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate

Amenities

  • Zip
    01915
  • Office name
    Berkshire Hathaway HomeServices Commonwealth Real Estate
  • SQFT
    2807
  • Bedrooms
    5
  • Property type
    Multi-family
  • Zoning type
    R10
  • Year built
    1930
  • Sewer
    City/Town Sewer
  • Tax year
    2019
  • Agent name
    Bernard Starr
  • Tax amount
    $ 6210.0
  • Purchase Type
    Active
  • Full baths
    3
  • Half baths
    1

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