Back To Blog

SOLD by Team Cotraro- 492 Cabot Street, North Beverly - $620,000

SOLD by Team Cotraro- 492 Cabot StreetNorth Beverly - $620,000- Another Beverly property listed and sold by Team Cotraro!

Great opportunity to own this legal 3 unit mixed-use building located on a corner lot with high visibility and convenient location to highway, schools, commuter rail, parks, and all that Beverly has to offer. This 3 unit building consists of 2 commercial units on the first floor and a residential unit on the second floor. The building is zoned commercial per the Beverly code guidelines. There is 2950 sf of living space with the majority on the first floor. The two units could be converted to residential units as there is a flexible floor plan with multiple exits and entrance points. Each unit has a separate heating system and a separate electrical system. Each unit has an area in the basement for storage. There is approximately 9 car parking off-street along with a partially fenced-in area. The owner currently occupies one of the first-floor units and will need to remain in the building until July 1, 2021.

Beverly Investment Opportunities

Beverly Open Houses

Please click on the photo for property details and additional photos.