508 Elliott St new Save Request In-Person Tour Request Virtual Tour
Beverly,MA 01915
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,984 sqft
Price per Sqft $338
MLS Listing ID 73418850
Bedrooms 8
Full Baths 4
Year Built 1909
Annual Tax Amount $12,367
Tax Year 2025
Lot Size 9,147 Sqft
Property Sub-Type 4 Family
Property Description
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.
Location
State MA
County Essex
Zoning R10
Exterior
Community Features Public Transportation,Shopping,Highway Access,Public School
Waterfront Description 1 to 2 Mile To Beach
Building
Story 4
Foundation Stone
Sewer Public Sewer
Water Public