261 Rantoul St, Beverly, MA 01915
Local realty services provided by:ERA The Castelo Group
261 Rantoul St,Beverly, MA 01915
$849,900
- 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:$849,900
- Price per sq. ft.:$263.05
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:December 07, 2025 at 11:48 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- 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
Schools
- High school:Beverly
- Middle school:Briscoe
- Elementary school:Edwards
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$849,900
- Price per sq. ft.:$263.05
- Tax amount:$6,855 (2025)
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