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Property view

277 Rantoul St, 
Beverly, MA 01915

$850,000


1

Bed


4

Baths


4,050

Sq Ft


Multi-Family

Sold

Listed by

Sara Pouladian

Dan Pouladian

North Shore Realty Advisors

617-548-7737

MLS#

73300874

Source:

MLSPIN

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About This Home

277 Rantoul St

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.

Home Facts

Multi-Family

4 Baths

1 Bedroom

Built in 1890

Price Summary

1,000,000

$246 per Sq. Ft.

MLS #:

73300874

Sold:

December 10, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

2

Interior

Living Area:

4,050 Sq. Ft.


Structure

Structure

Building Area:

4,050 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

4,326


Finances & Disclosures

Finances

Price:

$1,000,000

Price per Sq. Ft:

$246 per Sq. Ft.

Source:MLSPIN
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 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 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. 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.