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The Cabot Collection, Beverly MA 01915 – 99 bed 81 bath For Sale – 73416629

$ 22,000,000
The Cabot Collection, Beverly MA 01915,

Overview

  • Updated On:
  • September 3, 2025
  • listingid
  • 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
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

Property Address

Address: The Cabot Collection, Beverly MA 01915
City:
State/County:
Zip: 01915
Country: US

Amenities and Features

Other Features
Has Garage

Payment Calculator

$ 126,054.23
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 105,520.89

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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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.

Property Details

The Cabot Collection, Beverly MA 01915 – 99 bed 81 bath For Sale – 73416629

$ 22,000,000

Status:

The Cabot Collection, Beverly MA 01915, , , 01915

Country: US

Property Overview

MLS #: 73416629

Type: /

Action:

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:

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