7-11 Wallis StreetBeverly, MA 01915MLS Number 73531689

  • Price: $1,885,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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7-11 Wallis Street Beverly MA 019157-11 Wallis Street Beverly MA 019157-11 Wallis Street Beverly MA 019157-11 Wallis Street Beverly MA 019157-11 Wallis Street Beverly MA 019157-11 Wallis Street Beverly MA 019157-11 Wallis Street Beverly MA 019157-11 Wallis Street Beverly MA 01915
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  • 5Bedrooms
  • 0.1Acreage
  • 6Bathrooms
  • 1860Year Built

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A rare opportunity to acquire a trophy mixed-use asset in the heart of Downtown Beverly. Meticulously renovated throughout, the property blends historic character, modern systems, and durable in-place cash flow in one of the North Shore's most desirable downtown markets. The property contains approximately 6,722± rentable square feet within a 10,223± gross square footage and features three (3) renovated residential units alongside the iconic home of Off Cabot Comedy & Events, a destination entertainment venue with a strong following. The commercial tenancy offers stable income with 5% annual rent escalations, creating built-in NOI growth and long-term stability. The unit mix of one studio, one 1-bedroom, & one 3-bedroom underwent gut renovations with sun-filled open floor plans, soaring ceilings, hardwood flooring, beautiful woodwork, large bathrooms, eat-in kitchens, and in-unit laundry. Fantastic opportunity to own a gorgeous property right in Downtown Beverly.
Listed by Dan Pouladian of North Shore Realty Advisors

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More Info

Basic Information

  • Gross Income $133,938
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number M:0011 B:0218 L:,4182108
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Location

  • Address7-11 Wallis Street
  • Building Number7-11
  • CountyEssex
  • StateMA
  • StreetWallis Street
  • TownBeverly
  • Zip01915

Exterior

  • Exterior Features Balcony/Deck
  • RoofRubber

Property Information

  • Building Area Source Public Records
  • Living Area 6,722
  • Lot Size Square Feet 4,317
  • Lot Size Units Acres
  • Square Feet6,722

Water Body

  • Miles to Beach0.1
  • Waterfront Features Ocean,0 to 1/10 Mile To Beach

Tax Information

  • Tax Assessed Value $1,118,300
  • Tax Year 2025
  • Taxes$12,290

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 4.5
  • Bedrooms5
  • Full Bath3
  • Half Baths3

Building

  • BasementFull, Finished
  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 1
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms13
  • Stories3
  • Units4
  • Utilities For Gas Range, For Electric Range
  • Year Built1860
  • Year Built Details Approximate
  • Year Built Source Public Records

Legal

  • ZoningCC

Other

  • Date Listed06/08/2026
  • Farm Land Area Units Square Feet

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Basic Information

  • List Price$1,885,000
  • MLS Number73531689
  • Modification Date06/08/2026
  • Property SubType4 Family - 4 Units Up/Down

Property

  • Acreage0.1

Interior

  • Flooring Wood, Tile, Hardwood
  • Interior Features Open Floorplan

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric 60 Amps/Less,200+ Amp Service
  • Electric Expense 3131
  • Heat SystemYes
  • Heating Central
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • Medical Facility
    • Park
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Other AmenitiesBasement, Fireplace

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Real Brokerage

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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 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. MLSPIN 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.

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