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508 Elliott St

Beverly, MA 01915
  • $1,299,900
  • STATUS: Under Agreement
  • MLS #: 73418850
Pending
UPDATED: 37 min ago
$1,299,900
  • 8
    BEDS
  • 0.21
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,984
    SQFT
  • $326
    $/SQFT
Type:
Multi-Family
Built:
1909
County:

School Ratings & Info

Listing courtesy of Justin Repp of Keller Williams Realty Evolution.

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.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-02-10T13:03:58.647.
www.seybothteamhomes.com/homes/166976274
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508 Elliott St Beverly, MA 01915

  • Price: $1,299,900
  • Status: Under Agreement
  • On Site: Days
  • Updated: 37 min ago
  • MLS #: 73418850
8
Beds
4
Baths
0
½ Baths
0.21
Acres
3,984
SQFT
$326
$/SQFT
1909
Built
County:
Essex
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.
Exterior Features

Covered Spaces 0 Garage YN No Levels 4 Open Parking YN Yes Parking Features Paved DriveOff Street Parking Total 4 Spa YN No Waterfront Features 1 to 2 Mile To Beach Waterfront YN No

Interior Features

Building Area Total 3984 Fireplace YN No Fireplaces Total 0 Foundation Details Stone Lead Paint Yes Rooms Total 20

Property Features

Community Features Public TransportationShoppingHighway AccessPublic School Contingency Pending P&S Disclosures Property is being sold as-is. One unit is vacant. One unit and common areas to be shown at this time. Previous buyer walked after title issue was discovered. That issue has been resolved. Gross Income 103200 Home Warranty YN No Net Operating Income 103200 Property Sub Type 4 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 12367 Tax Year 2025 Total Actual Rent 6400 Water Source Public Year Built Details Approximate Zoning R10

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Justin Repp of Keller Williams Realty Evolution: 978-927-8700.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-02-10T13:03:58.647.
 
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235 Taunton Avenue
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Listing courtesy of Justin Repp of Keller Williams Realty Evolution.