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7-11 Wallis StBeverly, MA 01915

For Sale

$1,885,000

Smart Buyer Rebate $9,425

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

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North Shore Realty Advisors

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617-548-7737

Listed by Sara Pouladian

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North Shore Realty Advisors

Last updated June 12, 2026

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Source: MLSPin #73531689

Listing Facts

  • TypeMulti-family
  • NeighborhoodBeverly
  • Bedrooms5
  • Bathrooms6
  • Days on Prevu7
  • Taxes$12,290.11/year
  • Size6,722 sqft
  • Price per sqft$280

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning

Location

Mortgage Calculator

Listing History

06/08/2026
Listed by North Shore Realty Advisors
$1,885,000

Property Details for 7-11 Wallis St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, T-Station

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Rubber
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1860
  • Year Built Details: Approximate
  • Exterior Features: Balcony/Deck

Features

  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront Features: Ocean, 0 To 1/10 Mile To Beach

Measurements

  • Building Area Total: 6,722
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.10
  • Lot Size Area: 0
  • Lot Size Square Feet: 4,317
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $133,938.00
  • Operating Expense: $50,488.00

Taxes

  • Parcel Number: M:0011 B:0218 L:,4182108
  • Tax Annual Amount: $12,290.11
  • Tax Assessed Value: $1,118,300.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Wood, Tile, Hardwood
  • Interior Features: Open Floorplan

Measurements

  • Living Area: 6,722
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Finished
  • Bathrooms Full: 3
  • Bathrooms Half: 3
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 5
  • Rooms Total: 13

Parking

Parking

  • Open Parking: Yes
  • Parking Features: On Street

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Electric: 60 Amps/Less, 200+ Amp Service
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: For Gas Range, For Electric Range
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 6 bathrooms in this multi-family home at 7-11 Wallis St.

What are the annual taxes for 7-11 Wallis St?

Annual taxes for this multi-family home are estimated at $12,290.

How does 7-11 Wallis St compare to other multi-family homes in Beverly?

This multi-family home is listed 88% above the average price for multi-family homes in Beverly and has been on the market for 99 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 6,722 sqft.

7-11 Wallis St is a 5-bedroom, 6-bath multi-family home for sale in Beverly MA 01915. Listed on Prevu for 7 days at $1,885,000. This residence features 6,722 square feet of living space, located in Beverly. The median listing price for multi-family homes in this area is $764,000. Additional amenities include private outdoor space, dishwasher, air conditioning, and washer/dryer. Browse more multi-family home listings in Massachusetts.

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.