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131-135 Cabot St
Beverly, MA 01915
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 15,562 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | ||
| Zoning | CC, Beverly | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 15,562 SF |
| No. Stories | 3 |
| Year Built | 1925 |
| Zoning | CC, Beverly |
ABOUT 131-135 CABOT ST , BEVERLY, MA 01915
MIXED-USE INVESTMENT OPPORTUNITY The Boston North Investment Team is pleased to make available for sale this 9-unit mixed-use building in the heart of downtown Beverly Massachusetts, historically leased as 10-units including the basement. Situated in two contiguous parcels on Cabot Street, this investment opportunity is ideally located just off Route 62, between City Hall and the Beverly waterfront. Current annual income is about $175,000 with operating expenses under $50,000. Room for improvement in this opportunity with current rents being below market value, and possibly adding a living level to the 135 building.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 1+1 | 2 | - | - |
