277 Rantoul St Beverly MA 01915 MLS #73300874

There are multiple listings for this address:
277 Rantoul St
Beverly, MA, 01915
$1,000,000
1 Beds
3 Baths
4,050 SqFt
0.1 Acres
$1,000,000
277 Rantoul St
Beverly, MA, 01915
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.

Property Details

Price:
$1,000,000
MLS #:
73300874
Status:
Pending
Beds:
1
Baths:
3
Address:
277 Rantoul St
Type:
Multi Family
Subtype:
3 Family
City:
Beverly
Listed Date:
Oct 10, 2024
State:
MA
Finished Sq Ft:
4,050
Total Sq Ft:
4,050
ZIP:
01915
Lot Size:
4,326 sqft / 0.10 acres (approx)
Year Built:
1890
Units:
3

Schools

Interior

Bathrooms
2 Full Bathrooms, 2 Half Bathrooms
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
Parking Features
Paved Drive, Off Street, Paved
Roof
Rubber

Financial

Net Operating Income
$56,474
Tax Year
2024
Taxes
$14,464
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of North Shore Realty Advisors. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Rover IDX
277 Rantoul St
Beverly, MA
277 Rantoul St
Beverly, MA, 01915
$1,000,000
Beds
0 Baths
4,050 SqFt
0.1 Acres
$1,000,000
277 Rantoul St
Beverly, MA, 01915
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.

Property Details

Price:
$1,000,000
MLS #:
73300875
Status:
Active
Beds:
0
Baths:
0
Address:
277 Rantoul St
Type:
Commercial
Subtype:
3 Family
City:
Beverly
Listed Date:
Oct 10, 2024
State:
MA
Finished Sq Ft:
4,050
Total Sq Ft:
4,050
ZIP:
01915
Lot Size:
4,326 sqft / 0.10 acres (approx)
Year Built:
1890

Schools

Interior

Bathrooms
2 Full Bathrooms, 2 Half Bathrooms
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
Parking Features
Paved Drive, Off Street, Paved
Roof
Rubber

Financial

Net Operating Income
$56,474
Tax Year
2024
Taxes
$14,464
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby