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7-11 Wallis St

Beverly, MA 01915
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Bed 5

Bed

Bath 6

Bath

SqFt6,722

Sqft

Acres0.10

Acre(Lot)

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 ce ilings, hardwood flooring, beautiful woodwork, large bathrooms, eat-in kitchens, and in-unit laundry. Fantastic opportunity to own a gorgeous property right in Downtown Beverly.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,885,000

AD Id : 81564022

MLS Id : 73531689

Beds : 5

Lot Size : 0.10 Acre

Living Area Size : 6,722

Year Built : 1860

County : Essex

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Feature Features

  • Bathroom Information

    Total Baths: 6 Full Baths: 3 Half Baths: 3

    Room Information

    Total Bedroom: 5
  • Flooring Information

    Wood, Tile, Hardwood
  • Roofing Information

    Rubber
  • Interior Features

    Open Floorplan Roof: Rubber Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1860 Basement: Full, Finished
  • Exterior Features

    Balcony/Deck
    Foundation Details: Stone
    Porch: Porch

  • Lot Information

    Lot Description: Corner Lot Lot Size Area: 0.1 Lot Size Units: Acres Lot Square Feet: 4,317 Lot Acres: 0.1 Waterfront: Ocean, 0 to 1/10 Mile To Beach Stories: 3 Main Square Feet: 0.1

    Property Information

    Property Type: Residential Income Sub Type: 4 Family - 4 Units Up/DownSQ ft (Living Area): 6,722

  • Listing Price Information

    Original Listing Price: $1885000

  • Tax Information

    Parcel Number: M:0011 B:0218 L:,4182108 Annual Tax: $12290.11

  • Parking Information

    On Street

  • Utility Information

    for Gas Range, for Electric Range
  • Location Information

    Direction: Wallis is a one way from Rantoul Street
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
852 Hale St, Beverly, MA, 01915 $2,100,000 8 6 8,679 8,679 SqFt
63 West St, Beverly, MA, 01915 $17,999,000 5 10 11,975 11,975 SqFt
68 Paine Ave, Beverly, MA, 01915 $4,200,000 4 3 2,226 2,226 SqFt
135 Hart St, Beverly, MA, 01915 $549,000 3 1 1,265 1,265 SqFt
53 Paine Avenue, Beverly, MA, 01915 $14,900,000 5 8 10,324 10,324 SqFt
48 Paine Avenue, Beverly, MA, 01915 $3,195,000 5 4 6,295 6,295 SqFt
27 Kennel Hill Dr, Beverly, MA, 01915 $939,000 4 3 2,000 2,000 SqFt
4 Deer Haven Rd, Beverly, MA, 01915 $1,095,900 3 4 2,987 2,987 SqFt
31 B0yles Street, Beverly, MA, 01915 $4,650,000 6 7 9,151 9,151 SqFt
45 Whitehall Cir, Beverly, MA, 01915 $1,999,000 4 5 4,397 4,397 SqFt

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ByOwner last updated this listing 06/22/2026 @ 14:17

MLS: 73531689 LISTED BY: Dan Pouladian, North Shore Realty Advisors 617-548-7737 SOURCE: MLS Property Information Network

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