Active
277 Rantoul St
Beverly MA, 01915
$1,000,000
$246.91 per sqft
Active
4,050 sqft
Commercial
Built in 1890
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.
73300875
MLSⓇ ID
October 10, 2024
Listed
October 15, 2024
Updated
Map
277 Rantoul St
Beverly MA, 01915
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.1 Acres
Other Property Details
Taxes
$14,464
Tax Frequency
Annually
Garage
No
Parking Total
0
View
No
County
Essex
Pool
No
Zoning
CC
Courtesy of Sara Pouladian, North Shore Realty Advisors
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Data last updated 7:40 PM UTC, 10/15/2024