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277 Rantoul St

Beverly, MA 01915

1 bed
4 baths
4,050 sqft
4,326 sqft lot
$209 per sqft
1890 build
– on site

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277 Rantoul Street is a great opportunity to own a Downtown Beverly mixed-use 2-story property. The asset has a strong long-term restaurant and two (2) oversized one-bedroom units. One unit has expansion possibilities of adding another bedroom and bathroom. The property boasts a rentable square footage of 4,050± with a total gross of 6,039± SF. The property consists of two (2) one-bedroom units with open floor plans on the 2nd floor and a restaurant on the first floor. Residential tenants pay all utilities except for water/sewer and trash. The seller pays $25/month towards trash for the residential units, the restaurant covers the remainder of the trash bill. The restaurant is responsible for 50% of water/sewer charges. This property offers investors an ideal Downtown Beverly sound investment. This asset is located near the Cummings Center, Lahey Medical, and Beverly Depot with various transportation options, and is accessible to all major thoroughfares.

Listing courtesy of MLSPIN / Sara Pouladian / North Shore Realty Advisors

Last checked: Checking… • Last updated Dec 16, 2024 •

MLS# 73300874 —

The Building

Year Built:

1890
Year Built Details:

Actual
Year Built Source:

Public Records
Roof:

Rubber
Basement:

Full
Foundation Details:

Stone
Stories Total:

5
# of Units Total:

3
Building Area Total:

4050
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

8
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

4050

Location

Directions:

Rantoul between Federal and Pond
Latitude:

42.550518
Longitude:

-70.883062

The Property

Parcel Number:

M:0011 B:0128 L:,4182020
Property Type:

Residential Income
Property Subtype:

3 Family
Lot Size Units:

Acres
Lot Size Area:

0.1
Lot Size SqFt:

4326
Lot Size Acres:

0.1
Zoning:

CC
Water View:

No
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

21692
Tax Annual Amount:

14464
Tax Assessed Value:

817600

Beds

Bedrooms Total:

1

Baths

Total Baths:

3
Total Baths:

4
Full Baths:

2
Half Baths:

2

The Listing

Home Warranty:

false

Utilities

Utilities:

for Electric Range
Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/10/24 Dec 10, 2024	Sold	MLSPIN	$850,000	-15.0%
11/13/24 Nov 13, 2024	Pending	MLSPIN	$1,000,000
10/10/24 Oct 10, 2024	Listed / Active	MLSPIN	$1,000,000

Multifamily Sold on 12/10/2024

$850,000

Listing provided by broker:

Sara Pouladian

North Shore Realty Advisors

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Listing Courtesy of: MLSPIN and North Shore Realty Advisors.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

277 Rantoul St

Beverly, MA 01915