343 Cabot St, Beverly, MA 01915
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$800,000
3 Unit
3 Beds
3 Baths
2165 SQFT
0.09 Acre

Property Description

Don't miss this rare opportunity to own a well-located three family property in the vibrant heart of downtown Beverly. This versatile building features three bedrooms and three full bathrooms, a bonus room on the first floor and over 2100 sq ft of space. Situated in a highly walkable neighborhood, you'll enjoy unbeatable access to restaurants, cafes, shops, grocery stores, and public transit—making this a sought-after address for tenants and owners alike. The property includes two separate driveways with parking for up to six cars, a valuable amenity in this bustling area. With two units currently occupied and one unit being delivered vacant, there's immediate upside potential. Whether you're looking to live in one unit while collecting rent, or you're an investor seeking to increase cash flow with cosmetic or capital improvements, this property is ready to perform. Join us for the open houses Thursday 6/19 from 5:30-7, Saturday 6/21 from 11-1 or Sunday 6/22 from 11-1.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 2
  • Total Bedrooms: 3
  • Total Full Baths: 3
  • Total Fireplaces: 1
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Stables, Swimming Pool, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 32700
  • Net Operating Income: 32700

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1915
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Shingle, Slate
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73392439
  • Last Updated: 06/21/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/21/2025Active$800,000$370MLSPIN
06/17/2025New$800,000$370MLSPIN

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Seller's Representative: Farrar Realty Group, Atlantic Coast Homes,Inc
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-06-21 03:05:00

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