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.
Multi-familyProperty Type
1890Year Built
4,326 sq ftLot Size
$273Est. Price/Sq.Ft.
Listed by Sara Pouladian• North Shore Realty Advisors
Bought with Sara Pouladian• North Shore Realty Advisors
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Essex County
APN
M:0011 B:0128 L:,4182020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 10, 2024.
CC
Central Business District
The CC Central Business,CC2 Central Business Cabot Districts are established to provide principally for a central commercial business district.
Permitted uses
Include but are not limited to:
Agriculture
Restaurant
Housing-Multiple units
Marina
Property details
Parking
Parking Information
Has Open Parking
Parking Features: Paved Drive, Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (Half): 2
Basement Information
Basement: Full, Bulkhead, Unfinished
Interior Features
# of Rooms (Total): 8
Flooring: Tile, Carpet
Unit #1 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Exterior
Building Information
Building Area (Total): 4,050
Foundation Details: Stone
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Exterior Features
Roof: Rubber
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.1
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $14,464
Tax Year: 2024
Utilities
Utility Information
Utilities: for Electric Range, for Electric Oven
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: Rantoul between Federal and Pond
UnparsedAddress: 277 Rantoul St, Beverly MA 01915
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Essex County
APN: M:0011 B:0128 L:,4182020
Home facts updated by county records on Oct 10, 2024
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Ayers/Ryal Side School
Public K-4 • Assigned • 0.4mi
7/10
Briscoe Middle School
Public 5-8 • Assigned • 1.1mi
6/10
Beverly High School
Public 9-12 • Assigned • 1.0mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Flood Factor
We're working on getting current and accurate flood risk information for this home.
Fire Factor
We're working on getting current and accurate fire risk information for this home.
6/10 Heat Factor
7 hot days expected this year, 15 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Beverly, MA • 01915
Average low and high temperatures (°F)
33
21
36
21
49
33
56
41
66
51
77
61
82
66
77
60
72
57
63
46
53
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.05M – $1.27M
Reach more buyers when you sell with Redfin. Save up to $11,060 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.