$22,000,000

The Cabot Collection, Beverly, MA 01915

  • 99 beds |
  • 81 baths |
  • 52,603 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon1.09acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $418/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

The Cabot Collection includes 8 properties located at 39 Railroad Ave, 5 Pleasant St, and 62, 64, 66, 80, 84 and 130 Cabot St. The Portfolio consists of 3 commercial units, 8 Studio units, (42) 1-Bed units, (22) 2-Bed units, and (2) 3-Bed units, for a total of 77 units centered around Cabot Street in Downtown Beverly, which satisfies the high demand for workforce housing in the Boston/North Shore real estate market. Over the last several years, approximately 68 of the 77 units have been renovated, and more than half of the properties feature newer roofs, most common areas have been cosmetically upgraded and many of the kitchens have been redone with modern upgrades. The opportunity exists to continue with the programmatic upgrade of the residential units to push rental rates in a high demand/limited supply market. The Cabot Collection offers investors the rare opportunity to acquire a critical mass of investment properties in a supply-constrained downtown market within the Boston MSA.

Listing Status:
Pending
Date Added:
August 12, 2025 at 05:00AM
Listing Office:
Horvath & Tremblay : 781-776-4000
Listing Agent:
Stephen Girolamo : 978-406-1789
MLS ID:
73416629
  • Fireplace: Fireplaces: 0
  • Parking: Off Street
  • Roofing: ShingleRubber
  • General: 3Other
  • Originating MLS: MLS Property Information Network
  • County: Essex
  • Zoning: RHD & CC
  • Utilities: CommonIndividually MeteredOther (See Remarks)
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Stephen Girolamo, Horvath & Tremblay

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Ayers/Ryal Side School

40 Woodland Ave, Beverly, MA, 01915

Grades KG-4

0.57 miles away

B

Beverly Middle School

502 Cabot St, Beverly, MA, 01915

Grades 5-8

1.04 miles away

B

Beverly High School

100 Sohier Rd, Beverly, MA, 01915

Grades 9-12

0.93 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.