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For sale
  • $1,349,000

    508 Elliott St, Beverly, MA 01915

    8beds
    3,984sqft
    : 
    4 Family
    Built in 1909
    -- sqft lot
    $-- Zestimate®
    $339/sqft
    $-- HOA

    What's special

    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.
    9 days
    on Zillow
    |
    1,299
    |
    62
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 20, 2025 at 12:07am

    Listed by:

    Salvatore DiMercurio,

    Keller Williams Realty Evolution,

    Salvatore DiMercurio

    Source: MLS PIN,MLS#: 73418850
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 3,984
    • Total interior livable area: 3,984 sqft
    • Finished area above ground: 3,984

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved Drive, Off Street
    • Has uncovered spaces: Yes
    Features
    • Waterfront features: 1 to 2 Mile To Beach
    Lot
    • Size: 9,139 Square Feet
    Details
    • Parcel number: M:0017 B:0043 L:,4183084
    • Zoning: R10

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family
    Materials
    • Foundation: Stone
    Condition
    • Year built: 1909

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Highway Access, Public School
    Location
    • Region: Beverly

    Financial & listing details

    • Price per square foot: $339/sqft
    • Tax assessed value: $1,091,200
    • Annual tax amount: $12,367
    • Date on market: 8/16/2025
    • Total actual rent: 8600
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