The Cabot Collection, Beverly MA 01915

Beverly, MA 01915
$22,000,000
Est. $117,093/month
99
Beds
81
Baths
52,603
Sq Ft
$418
Price/Sq Ft
1.09
Acres
1890
Year Built
5+ Family - 5+ Units Side by Side
Type
21
Days on Market
Pending Listed Sep 26, 2025 • MLS# 73416629

About this home

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.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Side by Side
Property Category
Residential Income
Year Built
1890
Bedrooms
99
Full Bathrooms
81
Living Area
52,603 sq ft
Total Rooms
99
Stories
3
Levels
3

Interior Features

Has Fireplace
No

Exterior & Structure

Roof
Shingle, Rubber
Foundation
Other
Has Spa
No
Waterfront Features
Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
1.09 acres
Lot Size
47,480 sq ft
Lot Size Area
1.0900
Lot Features
Other

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
72
Parking Features
Off Street
Covered Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Common, Individually Metered, Other (See Remarks)

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$194,667
Tax Year
2025
Tax Assessed Value
$16,480,000
Zoning
RHD & CC

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
234 Total Rooms, 100 Total Bedrooms, $156, 952 Total Monthly Rent (including Vacant Units set to Market), 1890-2014 year built. Inputs for these metrics are the maximum allowed by MLS.

Location

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Neighborhood

The Cabot Collection, 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 $16,222
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Aug 12, 2025
$22,000,000
Original listing
Office: Horvath & Tremblay

Price & Status History

Date Event Price Change
Aug 12, 2025 New Listing Added $22,000,000

Market Statistics

Days on Market
21 days
Price per Sq Ft
$418

Tax History

Year Taxes Assessment
2025 $194,667 $16,480,000

Financial Details

Annual Property Tax
$194,667
Tax Year 2025
Assessed Value
$16,480,000

Listing Information

Listing Agent Stephen Girolamo
Listing Office Horvath & Tremblay
Agent MLS ID CN227795
Office MLS ID AN2723

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