261 Rantoul St

Beverly, MA 01915
  • $799,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 3,231

    SqFt

About the Listing C95098 - CN257879

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.

Listing Highlights

Status Active
Days on Site 74
Property Type Multi-Family
MLS ® 73459598
Year Built 1900
Total Square Footage 3,231
Lot/Acreage 0.06
County Essex
Elementary School Edwards
Middle School Briscoe
High School Beverly

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full / 2 Half
  • Appliances: Range, Refrigerator
  • Air Cond: Window Unit(s),Individual
  • Heating: Baseboard,Natural Gas,Individual,Unit Control
  • Fireplaces: 0
  • Floor: Wood,Vinyl,Carpet,Varies,Hardwood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Ceiling Fan(s),Storage,Living Room,Kitchen,Family Room,Laundry Room
  • Water: Public

Exterior Details

  • Lot Description: Corner Lot,Zero Lot Line,Harbor,River,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)
  • Garage Capacity: 1 car
  • Parking Spaces: 2
  • Zoning: CC
  • Roof: Shingle
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Off Street,Parking Spaces: 2

Financial Details

  • Tax Amount: $6,856
  • Taxes w/Assessments: $623,800
  • Tax/Property ID: M:0011 B:0146 L:,4182038
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

261 Rantoul St Beverly, MA 01915

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: MLS Property Information Network

|

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way