261 Rantoul St Beverly, MA 01915  | Multi Family
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$849,900

261 Rantoul St Beverly, MA 01915
5
Bedrooms
4
Bathrooms
2,522
sqft
1900
Year Built
Multi Family
Property Type
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About This Home

On the corner of Federal and Rantoul, 261 Rantoul St delivers a rare mixed-use opportunity in one of BeverlyAca?!a?cs strongest growth corridors. This A?A+-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 $20Aca?!a??$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 thatAca?!a?cs 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.

Location

261 Rantoul St Beverly, MA 01915

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Listing Agent

Davis McVay

Davis McVay

Keller Williams Realty Evolution

(6 reviews)
Avg Price Sold$724.6K
Years Experience2
Total Transactions7