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$2,350,000
88 Days Online

240 Rantoul St
Beverly, MA 01915

For Sale|Multi Family|Pending
8
Beds
4
Full Baths
4
Partial Baths
9,202
SqFt
$255
/SqFt
1900
Built
County:
Essex

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240 Rantoul St240 Rantoul St240 Rantoul St240 Rantoul St
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Located in the heart of Downtown Beverly, MA, this 3-story mixed-use asset consisting of eight (8) units is a rare find and has not been available for sale since 1990. This generational asset has been well maintained and numerous improvements have been made to the property. The property boasts a rentable square footage of 9,202±, with a total gross of 10,176 ± SF. The property consists of four (4) high-end two-bedroom units, two (2) storefront retail units with high visibility and two (2) industrial units facing Park Street. The property offers their residence coin-op laundry facilities, and twenty-two (22) off-street parking with entrance from Park Street. Each unit is separately metered for gas heat / hot water and electricity. Some notable capital improvements completed in 2023 consist of a new rubber membrane roof, new front façade, two residential units completely renovated, window replacements and commercial space build-out. The asset offers a turn-key prime investment.

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Listing Snapshot
Price 
$2,350,000
Days Online 
88 Days
Bedrooms 
8
Inside Area (SqFt) 
9,202 sqft
Total Baths 
8
Full Baths 
4
Partial Baths 
4
Lot Size 
0.21 Acres
Year Built 
1900
MLS® Number 
73269877
Status 
Pending
Property Tax 
$14,055.46
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Pending
2 months agoPrice changed to $2,350,000
3 months agoListing first seen online
3 months agoListing updated with changes from the MLS®
General Features
Acres 
0.21
Buyer Agent Compensation 
1.5
Foundation 
Stone
Number Of Stories 
10
Parking 
PavedOff StreetLeasedAssigned
Parking Spaces 
22
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
9202
Water Source 
Public
Interior Features
Basement 
FullFinishedWalk-Out AccessConcrete
Fireplace 
Yes
Fireplaces 
4
Flooring 
TileVinylHardwood
Window Features 
Insulated Windows
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Exterior Features
Exterior 
Balcony
Waterfront 
Yes
Waterfront Features 
Ocean FrontBeach Front
Windows/Doors 
Insulated Windows
Community Features
Community Features 
Park
Listing courtesy of Dan Pouladian of North Shore Realty Advisors



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-10-22 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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