261 Rantoul St, Beverly, MA, 01915
13 rooms
5 beds
2 Full / 2 Half baths
1900
3,231 sqft
On the corner of Federal and Rantoul, 261 Rantoul St delivers a rare mixed-use opportunity in one of Beverly’s strongest growth corridors. This ±3,300 sq ft building has a high-visibility storefront, two residential units, and an oversized garage with a full basement. With flexible use options this property has a lot of potential. A brand new 400-amp electrical system and updated fire alarm systems. Steps from Beverly Depot, the property sits surrounded by new development and consistent commercial demand.For investors, commercial corridor rents commonly reaching $20–$30 per sq ft depending on condition and strong multifamily performance in the surrounding blocks. For end users, the combination of storefront exposure, on-site housing, garage and storage capacity, and walk-to-train access creates a practical footprint that’s increasingly hard to find in downtown Beverly. 261 Rantoul St stands out as a versatile mixed-use asset ready for repositioning, owner-occupancy, or redevelopment.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Units:
3
Zoning:
CC
Garage:
1-car
Heating:
Baseboard, Natural Gas, Individual, Unit Control
Cooling:
None, Window Unit(s), Individual
Basement:
Partial
Levels:
3
Parking:
2-car, Off Street, Other
Acreage:
0.06
Est. Taxes:
$6,856
Assessment
$623,800
Construction
Frame
Utilities
for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Lot Description:
Corner Lot, Zero Lot Line
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Marina, T-Station, University, Sidewalks
Elementary School:
Edwards
Middle School:
Briscoe
High School:
Beverly
Appliances:
Range, Refrigerator
MLS #:
73459598
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Davis Mcvay, Keller Williams Realty Evolution 978-927-8700