Off Market

261 Rantoul St, Beverly, MA

Beverly · MA 01915

$799,000
Price
5
Beds
3
Baths
3231
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 2,522 Sq.Ft Lot
Price per square foot: $247 / Sq.Ft
Parking: 1 Garage Space

About this home

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.

Neighborhood & Transit

261 Rantoul St, Beverly · MA 01915

Nearby transit

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

  • Beverly Commuter Rail 1 route 0.22 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
302 days
Listing Price:
$799,000
Price per Sq.Ft:
$247
Tax Assessment:
$623,800 in 2025
Taxes:
$571 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
2
Half Bathrooms
2
Living Area
3,231 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3231
Flooring
Unknown
Lead paint
None

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered, Varies per Unit, 400 Amps

Exterior Features

Lot Size
2,522 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Clapboard, Wood, Vinyl, Masonite, Stucco
Roof
Unknown

Green Features

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

Listing information

Listing agent
Davis McVay
Listing office
Keller Williams Realty Evolution
MLS PIN #
73459598
Disclosure
Buyer and Buyer's agent to do own due diligence.