Save
Ask
Hide
Share
$21,500,000

The Cabot Collection
Beverly, MA 01915

Multi Family|Sold 04/17/2026
99
Beds
81
Total Baths
81
Full Baths
52,603
SqFt
$409
/SqFt
1890
Built
County:
Essex
Save
Ask
Hide
Share

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.

Save
Ask
Hide
Share
Listing Snapshot
Bedrooms 
99
Total Baths 
81
Full Baths 
81
Partial Baths 
N/A
Inside Area (SqFt) 
52,603 sqft
Lot Size 
1.09 Acres
Year Built 
1890
MLS® Number 
73416629
Status 
Sold
Property Tax 
$194,667
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
General Features
Acres 
1.09
Disclosures 
234 Total Rooms100 Total Bedrooms$156952 Total Monthly Rent (including Vacant Units set to Market)1890-2014 year built. Inputs for these metrics are the maximum allowed by MLS.
Foundation 
Other
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
3
Parking 
Off Street
Parking Spaces 
74
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
52603
SqFt Total 
52603
Water Source 
Public
Zoning 
RHD & CC
Interior Features
Appliances 
Electric Water HeaterGas Water Heater
Save
Ask
Hide
Share
Exterior Features
Lot Features 
Other
Roof 
ShingleRubber
Community Features
Community Features 
PoolTennis Court(s)ParkGolf
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Hide
Share