7-11 Wallis St Beverly, MA 01915
Listing Courtesy of: MLS PIN / Listed By: Dan Pouladian, North Shore Realty Advisors

  7-11 Wallis St Beverly, MA 01915

Active (2 Days)
$1,885,000 (USD)
5
BED
3.5
BATH
6,722
SQFT

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.

MLS #:
73531689
Taxes
$12,290(2025)
Lot Size
4,317 SQFT
Type
Multifamily
Year Built
1860
County
Essex County

Listed By

Dan Pouladian, North Shore Realty Advisors
Source
MLS PIN
Last checked Jun 11 2026 at 1:28 AM EDT
Bathroom Details
Interior Features
  • Range
  • Refrigerator
  • Dryer
  • Washer
  • Dishwasher
  • Disposal
  • Open Floorplan
Lot Information
  • Corner Lot
Property Features
  • Fireplace: 1
  • Foundation: Stone
Heating and Cooling
  • Central
  • Central Air
Basement Information
  • Full
  • Finished
Flooring
  • Wood
  • Tile
  • Hardwood
Exterior Features
  • Roof: Rubber
Utility Information
  • Utilities: Water: Public, For Gas Range, For Electric Range
  • Sewer: Public Sewer
Parking
  • On Street
Stories
  • 3
Living Area
  • 6,722 sqft
Location
   
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Disclaimer: The property listing data and information, or the Images, set forth herein wereprovided 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. © 2026 MLS Property Information Network, Inc.. 6/10/26 18:28