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508 Elliott StBeverly, MA 01915

For Sale

$1,299,900

Smart Buyer Rebate $6,500

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.

Listed by Salvatore DiMercurio

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Keller Williams Realty Evolution

·

978-304-6983

Last updated November 14, 2025

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Source: MLSPin #73418850

Listing Facts

  • TypeMulti-family
  • NeighborhoodBeverly
  • Bedrooms8
  • Bathrooms4
  • Days on Prevu96
  • Taxes$12,367/year
  • Size3,984 sqft
  • Price per sqft$326

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/08/2025
Status changed to Active
$1,299,900
11/07/2025
Price Decreased
$1,299,900
10/16/2025
Status changed to Withdrawn
$1,349,000
09/11/2025
Status changed to Pending
$1,349,000
08/28/2025
Status changed to In Contract
$1,349,000
08/16/2025
Listed by Keller Williams Realty Evolution
$1,349,000

Property Details for 508 Elliott St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Highway Access, Public School

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 4
  • Stories Total: 4
  • Year Built: 1909
  • Year Built Details: Approximate

Features

  • Waterfront Features: 1 To 2 Mile To Beach

Measurements

  • Building Area Total: 3,984
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Area: 0
  • Lot Size Square Feet: 9,139
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $103,200.00

Taxes

  • Parcel Number: M:0017 B:0043 L:,4183084
  • Tax Annual Amount: $12,367.00
  • Tax Assessed Value: $1,091,200.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 3,984
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8
  • Rooms Total: 20

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street
  • Parking Total: 4

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.