277 Rantoul St new Save Request In-Person Tour Request Virtual Tour
Beverly,MA 01915
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,050 sqft
Price per Sqft $246
MLS Listing ID 73300874
Bedrooms 1
Full Baths 2
Half Baths 2
Year Built 1890
Annual Tax Amount $14,464
Tax Year 2024
Lot Size 4,356 Sqft
Property Description
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.
Location
State MA
County Essex
Zoning CC
Interior
Flooring Tile,Carpet
Exterior
Community Features Public Transportation,Shopping,Park,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School,T-Station,University
Utilities Available for Electric Range,for Electric Oven
Waterfront false
Waterfront Description Beach Front,Ocean,1/10 to 3/10 To Beach
Roof Type Rubber
Building
Story 5
Foundation Stone
Sewer Public Sewer
Water Public