508 Elliott St, Beverly MA 01915

Beverly, MA 01915
$1,349,000
Est. $7,180/month
8
Beds
4
Baths
3,984
Sq Ft
$339
Price/Sq Ft
0.21
Acres
1909
Year Built
4 Family
Type
24
Days on Market
Pending Listed Sep 26, 2025 • MLS# 73418850

About this home

Outstanding investment opportunity in Beverly! This 4-family property offers four spacious two bedroom, one bath units with well designed layouts. A large level lot provides a spacious yard, ample parking and possible future opportunities. With below-market rents and strong upside potential, this is a prime value-add asset for investors, contractors, or owner-occupants looking to generate income. The property also presents an excellent condo conversion opportunity. Enjoy easy access to Route 128 and the MBTA commuter rail, making this a commuter-friendly location. Whether you're seeking steady cash flow or long-term appreciation on the North Shore, this is a rare chance to own a well-located, multi-unit building with room to grow. All this ideally located near downtown, shops, and restaurants.

Facts & Features

Property Overview

Property Type
4 Family
Property Category
Residential Income
Year Built
1909
Bedrooms
8
Full Bathrooms
4
Living Area
3,984 sq ft
Total Rooms
20
Stories
4
Levels
4

Interior Features

Has Fireplace
No

Exterior & Structure

Foundation
Stone
Has Spa
No
Waterfront Features
1 to 2 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.21 acres
Lot Size
9,139 sq ft
Lot Size Area
0.2100

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Highway Access, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$12,367
Tax Year
2025
Tax Assessed Value
$1,091,200
Parcel Number
M:0017 B:0043 L:,4183084
Zoning
R10

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Property is being sold as-is with all tenants in place.

Location

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Neighborhood

508 Elliott St, Beverly MA 01915

Beverly, MA 01915

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,031
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

Pending Sale
Aug 28, 2025
Offer accepted, sale pending
🏠
Listed for Sale
Aug 16, 2025
$1,349,000
Original listing
Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Aug 16, 2025 New Listing Added $1,349,000

Market Statistics

Days on Market
24 days
Price per Sq Ft
$339

Tax History

Year Taxes Assessment
2025 $12,367 $1,091,200

Financial Details

Annual Property Tax
$12,367
Tax Year 2025
Assessed Value
$1,091,200

Listing Information

Listing Agent Salvatore DiMercurio
Listing Office Keller Williams Realty Evolution
Agent MLS ID C8001011
Office MLS ID C95098

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