261 Rantoul St, Beverly, MA 01915

Beverly
Local realty services provided by:ERA The Castelo Group
261 Rantoul St,Beverly, MA 01915
$799,000
  • 5 Beds
  • 4 Baths
  • 3,231 sq. ft.
  • Multi-family
  • Active
Listed by: davis mcvay, christian smith
Office: keller williams realty evolution
MLS#:73459598
Source:MLSPIN

Price summary

  • Price:$799,000
  • Price per sq. ft.:$247.29

About this home

On the corner of Federal and Rantoul, 261 Rantoul St delivers a rare mixed-use opportunity in one of Beverly’s strongest growth corridors. This ±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 $20–$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 that’s 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.

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Home facts

  • Year built:1900
  • Listing ID #:73459598
  • Updated:March 11, 2026 at 10:53 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:2
  • Half bathrooms:2
  • Rooms Total:13
  • Flooring:Carpet, Hardwood, Vinyl, Wood
  • Kitchen Description:Kitchen, Range, Refrigerator
  • Basement Description:Partial
  • Living area:3,231 sq. ft.

Heating and cooling

  • Cooling:Individual, Window Unit(s)
  • Heating:Baseboard, Individual, Natural Gas, Unit Control

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:3,231 sq. ft.
  • Lot area:0.06 Acres
  • Lot Features:Corner Lot, Zero Lot Line
  • Construction Materials:Frame
  • Exterior Features:Deck, Patio, Porch
  • Foundation Description:Granite, Stone

Schools

  • High school:Beverly
  • Middle school:Briscoe
  • Elementary school:Edwards

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,000
  • Price per sq. ft.:$247.29
  • Tax amount:$6,855 (2025)

Features and amenities

  • Appliances:Range, Refrigerator
  • Laundry features:Electric Dryer Hookup, Washer Hookup
  • Amenities:Ceiling Fan(s), Storage

Parking

  • Total parking spaces:1
  • Parking description:Off Street
  • Garage:Yes
  • Garage spaces:1
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 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 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, or as to the accuracy of any of the Images, set forth herein.

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