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240 Rantoul St, Beverly, MA

Beverly · MA 01915

$2,200,000
Price
8
Beds
6
Baths
9202
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 8 Units
Lot size: 8,999 Sq.Ft Lot
Price per square foot: $255 / Sq.Ft
Parking: 22 Off Street Spaces

About this home

Located in the heart of Downtown Beverly, MA, this 3-story mixed-use asset consisting of eight (8) units is a rare find and has not been available for sale since 1990. This generational asset has been well maintained and numerous improvements have been made to the property. The property boasts a rentable square footage of 9,202?, with a total gross of 10,176 ? SF. The property consists of four (4) high-end two-bedroom units, two (2) storefront retail units with high visibility and two (2) industrial units facing Park Street. The property offers their residence coin-op laundry facilities, and twenty-two (22) off-street parking with entrance from Park Street. Each unit is separately metered for gas heat / hot water and electricity. Some notable capital improvements completed in 2023 consist of a new rubber membrane roof, new front fa?ade, two residential units completely renovated, window replacements and commercial space build-out. The asset offers a turn-key prime investment.

Neighborhood & Transit

240 Rantoul St, Beverly · MA 01915

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Beverly Commuter Rail 1 route 0.18 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
830 days
Listing Price:
$2,350,000
Price per Sq.Ft:
$255
Tax Assessment:
$1,251,600 in 2024
Taxes:
$1,171 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
4
Half Bathrooms
4
Living Area
9,202 Sq.Ft
Broker Disclosure about Living Area
4 residential units, 2 retail front units, 2 industrial back units
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
9202
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
400 Amps

Exterior Features

Lot Size
8,999 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
22 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Dan Pouladian
Listing office
North Shore Realty Advisors
MLS PIN #
73269877
Disclosure
This is a mixed-use property and will show up as a commercial MLS listing as well. Insurance number is an actual quote we received due to owner's blanked policy on portfolio.
Disclosure
4 residential units, 2 retail front units, 2 industrial back units