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| Listing: 1 of 1 | Updated 27 minutes ago |
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.
General Information for The Cabot Collection Beverly, MA 01915 |
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| Town | Beverly |
| County | Essex |
| Stories | 3 |
| SQFT | 52,603 |
| Status | Available |
| Listing Number | 73416629 (MLSPIN) |
Rooms Information for The Cabot Collection Beverly, MA 01915 |
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Interior Information for The Cabot Collection Beverly, MA 01915 |
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Exterior Information for The Cabot Collection Beverly, MA 01915 |
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| Lot Size | 1.09 acres |
| Lot Description | Other |
| Garage | 2 Car Garage |
| Parking | Spaces: 72 Off Street |
| Lot | Other |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for The Cabot Collection Beverly, MA 01915 |
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| Neighborhood Amenities | 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 |
Miscellaneous Information for The Cabot Collection Beverly, MA 01915 |
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| Year Built | 1890 |
| Association Fee | 0 |
| Taxes | $194,667 /Yr |
| Comp | Buyer Agency Compensation:1 Buyer Agency Compensation Type:% Sub Agency Compensation: Sub Agency Compensation Type: Transaction Broker Compensation: Compensation Based On:Net Sale Price Sub-Agency Relationship Offered:No |
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| Condo | Data |
|---|---|
| Units | 6,535 |
| Avg Price | $912,765 |
| Avg Days Listed | 100 |
| Total New Listings | 7 |
| House | Data |
|---|---|
| Units | 11,883 |
| Avg Price | $1,258,468 |
| Avg Days Listed | 85 |
| Total New Listings | 28 |
| Multi-Family | Data |
|---|---|
| Units | 2,050 |
| Avg Price | $1,297,624 |
| Avg Days Listed | 105 |
| Total New Listings | 2 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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| Listing: 1 of 1 | Updated 27 minutes ago |
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.
(AN2723/CN227795)
