508 Elliott St, Beverly MA 01915

Beverly, MA 01915
$1,299,900
Est. $7,804/month
8
Beds
4
Baths
3,984
Sq Ft
$326
Price/Sq Ft
0.21
Acres
1909
Year Built
112
Days on Market
Active Price Drop -$49,100 Listed Aug 16, 2025 • MLS# 73418850 Copied!

About this home

Outstanding investment opportunity in Beverly! This 4-family property offers four spacious two bedroom, one bath units with well designed layouts. A large level lot provides a spacious yard, ample parking and possible future opportunities. With below-market rents and strong upside potential, this is a prime value-add asset for investors, contractors, or owner-occupants looking to generate income. The property also presents an excellent condo conversion opportunity. Enjoy easy access to Route 128 and the MBTA commuter rail, making this a commuter-friendly location. Whether you're seeking steady cash flow or long-term appreciation on the North Shore, this is a rare chance to own a well-located, multi-unit building with room to grow. All this ideally located near downtown, shops, and restaurants.

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1909
Bedrooms
8
Full Bathrooms
4
Living Area
3,984 sq ft
Total Rooms
20
Stories
4
Levels
4

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1909
Living Area 3,984 sq ft
Lot Size 0.21 acres
Bedrooms 8
Full Baths 4
Total Rooms 20

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $12,367
Assessed Value $1,091,200

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1909
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

508 Elliott St, Beverly MA 01915

Beverly, MA 01915

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,031
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Aug 16, 2025
$1,299,900
Original listing
Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Aug 16, 2025 New Listing Added $1,299,900

Market Statistics

Days on Market
112 days
Price per Sq Ft
$326
Total Price Drop
-$49,100

Tax History

Year Taxes Assessment
2025 $12,367 $1,091,200

Financial Details

Annual Property Tax
$12,367
Tax Year 2025
Assessed Value
$1,091,200

Listing Information

Listing Agent Salvatore DiMercurio
Listing Office Keller Williams Realty Evolution
Agent MLS ID C8001011
Office MLS ID C95098
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Beverly, MA

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