Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

7-11 Wallis St

Beverly, MA ID #73531689

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7-11 Wallis St

- Beverly, MA ID #73531689

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Quadruplex
  • Zip Code: 01915
  • Taxes: 12,290
  • Levels: 3
  • Acres: 0.10

Parking

  • Parking: On Street

Rooms/Dimensions

  • Total Units: 4
  • Total Floors: 3
  • Total Rooms: 13
  • Has Basement: Yes

Location

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7-11 Wallis St, Beverly, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Dan Pouladian of North Shore Realty Advisors. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.