The Cabot Collection, Beverly MA 01915 – 99 bed 81 bath For Sale – 73416629
Overview
- Updated On:
- September 3, 2025
-
- 73416629
- 99 Bedrooms
- 81 Bathrooms
- 2 Garage Spaces
- 72 Non-Garage Parking Spaces
- 1890
Description
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.
This property is listed by Stephen Girolamo from Horvath & Tremblay
Property Listing Details
Overview
| MLS Status | Pending |
|---|---|
| Price | $ 22,000,000 |
| Living Area | 52,603.00 ft2 |
| Bedrooms | 99 |
| Total Rooms | 99 |
|---|---|
| Listing MLS ID | 73416629 |
| Days on Market | 22 |
| Bathrooms | 81 |
Unit Information
| Bedrooms | 99 |
|---|---|
| Full Bathrooms | 81 |
| Half Bathrooms | 0 |
| Cooling | |
| Heating | |
| Uncovered Parking | 72 |
| Garage Parking | 2 |
| Water View | |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | |
| Patio And Porch Features | |
| Parking Features | Off Street |
| Waterview Features | |
| Flooring |
Building Information
| Building Name | |
|---|---|
| Units in Building | 77 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | Harbor,1/2 to 1 Mile To Beach,Beach Ownership(Public) |
| Association Fee Includes | |
| Construction Materials |
| Year Built | 1890 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | |
| Roof | Shingle,Rubber |
Additional Details
| Community Features | 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 |
|---|---|
| Disclosures | 234 Total Rooms,100 Total Bedrooms,$156,952 Total Monthly Rent (including Vacant Units set to Market),1890-2014 year built. Inputs for these metrics are the maximum allowed by MLS. |
| Last Updated | September 3, 2025 at 10:36pm |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | |
| Original List Price | 22000000 |
| Listing Office | horvath & tremblay |
| Tax Annual Amount | 194667 |
|---|---|
| Tax Assessed Value | 16480000 |
| Tax Book Number | 41317 |
| Tax Year | 2025 |
| Year Built Details | Approximate |
| Year Built Source | Public Records |
| Zoning | RHD & CC |
| Listing Agent | stephen girolamo |
Amenities and Features
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The Cabot Collection, Beverly MA 01915 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
The Cabot Collection, Beverly MA 01915 – 99 bed 81 bath For Sale – 73416629
$ 22,000,000
Status: Pending
The Cabot Collection, Beverly MA 01915, Beverly, , Essex 01915
Country: US
Property Overview
MLS #: 73416629
Type: 5+ Family - 5+ Units Side by Side /
Action: Residential Income
Year Built: 1890 (Approximate, Source: Public Records, Effective: )
Living Area: 52,603.00 ft2 (Total: 52603 Square Feet, Source: Public Records)
Lot Size: 1.09 ft2 (Area: 1.09 Acres, SqFt: 47480)
Total Rooms: 99
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 99 (Main Level: )
Bathrooms: Total: 81 (Full: 81, Half: 0, Decimal: 81, Main Level: )
Basement:
Fireplaces: 0 ()
Flooring:
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: Other (Area: )
Roof: Shingle,Rubber
Stories: 3 (3)
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: Common,Individually Metered,Other (See Remarks) (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 2
Covered Spaces: 2
Parking Total: 72
Parking Features: Off Street
Pool:
Spa:
Patio/Porch:
Fencing:
Lot Features: Other
View: (, Waterview Y/N: )
Waterfront: Harbor,1/2 to 1 Mile To Beach,Beach Ownership(Public)
Road Frontage: ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: 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
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: RHD & CC ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
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.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 77
Units Owner Occupied:
Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2425, Lease: Y
Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2275, Lease: Y
Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 194667 (Year: 2025)
Tax Assessed Value: 16480000
Tax Block/Lot/Book/Map: / / 41317 /
Parcel Number:
Special Licenses:
Current Financing:
Gross Income: 1925712 (Scheduled: )
Net Operating Income: 1318063
Operating Expense: 607649 (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available: No
Tenant Pays:
Rent Includes: Unit 1(Heat,Gas,Water,Hot Water),Unit 2(Heat,Gas,Water,Hot Water)
Total Actual Rent: 32767
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Stephen Girolamo (MLS ID: CN227795) / Team:
Listing Office: Horvath & Tremblay (MLS ID: AN2723)
Agent (Property): 369593
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-08-12
Expiration Date: 1900-01-01
Original List Price: 22000000
Price Per SqFt (List): 418.23
Market Time (Property): 22 (Broker: 22, Prev Broker: 0, Prev Property: 0)
MLS Status: Under Agreement
Possession:
Directions: 8 Buildings included in listing - Please find addresses in description and use GPS
Disclosures: 234 Total Rooms,100 Total Bedrooms,$156,952 Total Monthly Rent (including Vacant Units set to Market),1890-2014 year built. Inputs for these metrics are the maximum allowed by MLS., N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: (Incl. Base: No, Other: )
Master Book/Page: / (Page: 241)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date: 2025-11-23T05:00:00.000Z
Concessions Amount:
Purchase Contract Date: 2025-09-03
Sold vs Rent:
System Information
Property ID: 2430058
Modification Timestamp: September 3, 2025 at 10:36pm
Bridge Modification Timestamp: September 3, 2025 at 10:37pm
Original Entry Timestamp: August 12, 2025 at 12:54pm
Status Change Timestamp: September 3, 2025 at 10:36pm
Off Market Date: 2025-09-03
Development Status:
Business Type:
