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Four-Unit Apartment Building
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328 Cabot St, Beverly, MA 01915

Four-unit building on a corner lot, offering two one-bedroom and two two-bedroom units.

Property Size3,850 SF
Days on Market121

Property Features for 328 Cabot St

General Information

Standard status Active
Size 3,850 SF
Property subtype Multifamily

Additional Details

Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: NorthEast Private Client Group Newton
Listed By: Patrick Wheeler · License #9552789
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Jul 22 at 6:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NorthEast Private Client Group Newton

Investment Insights

Based on property information with market context.

Cabot St Apartments is a four-unit apartment building totaling 3,850 square feet of rentable space. The property consists of (2) one-bedroom units and (2) two-bedroom units. The attic area includes unfinished renovations that may provide a path to add two additional bedrooms.

Located on the corner of Cabot St and Elliot St in Beverly, Massachusetts, the property benefits from a retail-heavy streetscape with shops and restaurants in the immediate area. Tours are available by scheduled appointment for qualified parties.

This configuration offers a straightforward, tenant-ready mix of one- and two-bedroom layouts, with the unfinished attic space identified as an opportunity for further interior development.

Key Highlights

  • 4‑unit apartment building at 328 Cabot St, Beverly, MA on the corner of Cabot St and Elliot St
  • 3,850 sq. ft. of rentable space across 4 units: 2 one‑bedroom units and 2 two‑bedroom units
  • Attic includes unfinished renovations with potential to add two additional bedrooms

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience Store Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,527
Businesses Nearby

Demographics for 01915, MA

42,341
Population
17,318
Households
2.4
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,982
Density / Sq Mi
$102,347
Median Household Income
$57,989
Median Earnings
$1,684
Median Rent
$619,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit building on a corner lot, offering two one-bedroom and two two-bedroom units.
Where is this quadplex located?
The property is located at 328 Cabot St Beverly, MA.
What are key features of this property?
This property features: 4‑unit apartment building at 328 Cabot St, Beverly, MA on the corner of Cabot St and Elliot St; 3,850 sq. ft. of rentable space across 4 units: 2 one‑bedroom units and 2 two‑bedroom units; Attic includes unfinished renovations with potential to add two additional bedrooms
(857) 990-6800 Call to check price and availability
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