42 1/2 Cabot St, Beverly, MA 01915
View Map
$749,995
2 Unit
4 Beds
2 Baths
2148 SQFT
0.14 Acre

Property Description

Located in the heart of downtown Beverly, this well-maintained 2-family offers two spacious units, each with 2 bedrooms. Freshly painted and vacant - an ideal situation for investors or owner-occupants to start a clean slate without the risk of unknown tenants. One unit features an updated kitchen with brand new stainless steel appliances and both units feature gas cooking. Enjoy a vibrant, walkable location just steps from The Cabot Theater, plus a variety of popular restaurants, cafés, and local shops. Perfectly situated by the Salem Bridge for easy access to Salem Station commuter rail, located along bus route with quick access to Salem and Boston. Also in close proximity to Endicott College and Salem State University, making it an excellent rental opportunity for students. A prime location in a highly desirable and fun North Shore location close to Dane Street Beach and Lynch Park! Both units have separate utilities and are ready for immediate occupancy!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Stables, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Interior Access
  • Common Interior Features: Tile Floor
  • Common Heating: Electric Baseboard, Extra Flue, Gas, Heat Pump, Oil, Radiant

Financial

  • APOD Available: Yes
  • Expenses Source: Projected
  • Gross Operating Income: 239976
  • Net Operating Income: 239976

Utilities

  • Utility Connections: for Gas Range
  • 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: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73498326
  • Last Updated: 04/09/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/08/2026New$749,995$349MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Candice Pagliarulo Hodgson, Lyv Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2026 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-04-09 03:30:00