Pending
Under Agreement
240 Rantoul St
Beverly MA, 01915
$2,350,000
$255.38 per sqft
Pending
Under Agreement
8 Beds
8 Baths
9,202 sqft
Multi-family
Built in 1900
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 facade, two residential units completely renovated, window replacements and commercial space build-out. The asset offers a turn-key prime investment.
73269877
MLSⓇ ID
July 26, 2024
Listed
November 22, 2024
Updated
Map
240 Rantoul St
Beverly MA, 01915
Interior Features
Total Stories
10
Bedrooms
8
Total Bathrooms
8
Full Bathrooms
4
Half Bathrooms
4
Floor Description
Tile, Vinyl, Hardwood
Fireplace
Yes
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.21 Acres
Exterior Features
Balcony
Sewer
Public Sewer
Other Property Details
Taxes
$14,055
Tax Frequency
Annually
Days on Market
17
Garage
No
Parking
Paved Drive, Off Street, Leased, Assigned, Paved
Parking Total
22
View
No
County
Essex
Water Source
Public
Pool
No
Zoning
CC
Listing History
Date | Event | Price |
|---|---|---|
8/12/2024 | Pending | — |
8/8/2024 | Price change | $2,350,000 -11% |
Courtesy of Dan Pouladian, North Shore Realty Advisors
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Data last updated 11:19 PM UTC, 11/22/2024
