NOT LISTED FOR SALE

245 Rantoul St Beverly, MA 01915

Downtown Beverly Neighborhood

Estimated Value: $996,650 - $1,050,000

6 Beds
3 Baths
3,482 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2024

Last sale price $915,000 $263 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,240 / mo

12 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Park
  • Property is near public transit and schools
  • Jogging Path
  • 2-minute walk to Sam Carratu Park

About This Home

As of August 2024

This prime Downtown Beverly 3-story oversized three-family has been well maintained and numerous improvements have been made to the property. The property boasts a rentable square footage of 3,482± with a total gross of 4,998± SF. The property consists of two (2) three-bedroom units and one (1) two-bedroom unit all floor through with open floor plans. The property offers tenants coin-op laundry facilities, as well as one (1) surface parking spot and one (1) attached garage for additional income. Each unit is separately metered for gas heat /hot water with three newly installed hot water tanks in 2022 as well as separate electric meters. This property offers investors a value-add opportunity with under-market rents currently in place within a supply constrained prime location.

Last Agent to Sell the Property

Dan Pouladian

North Shore Realty Advisors Listed on: 07/26/2024

Co-Listed By

Sara Pouladian

North Shore Realty Advisors

Last Buyer's Agent

Sara Pouladian

North Shore Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,102

Year Built

  • Built in 1800

Lot Details

  • 2,161 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Leased Parking
  • Off-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 3,482 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Property is near public transit and schools
  • 200+ Amp Service

Listing and Financial Details

  • Total Actual Rent $6,350
  • Assessor Parcel Number M:0011 B:0149 L:,4182041

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $1,922
  • Insurance Expense $3,000
  • Water Sewer Expense $1,399
  • Operating Expense $6,621
  • Net Operating Income $65,491

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,102

Year Built

Built in 1800

Lot Details

2,161 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1800
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3482
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN7007
  • MAIN SO: AN7007

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/10 to 3/10 To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street, Leased
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public
  • HEAT UNITS: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1399

Lot Info

  • Parcel Number: M:0011 B:0149 L:,4182041
  • Zoning: CC
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2161
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8102

Multi Family

  • Electric Expense: 1922
  • Insurance Expense: 3000
  • Net Operating Income: 65491
  • Number Of Units Total: 3
  • Operating Expense: 6621
  • Total Actual Rent: 6350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 1995
Sold by
Bought by
Current Estimated Value
$1,024,663
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$85,000 --
$85,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $140,000
Closed $140,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $915,000 -8.0% $263 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $995,000 -- $286 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,594 $782,000 $333,700 $448,300
2024 $8,102 $721,500 $273,200 $448,300
2023 $7,812 $693,800 $245,500 $448,300
2022 $7,680 $631,100 $193,600 $437,500
2021 $7,908 $622,700 $185,000 $437,700
2020 $7,187 $560,200 $152,800 $407,400
2019 $6,795 $514,400 $116,700 $397,700
2018 $5,936 $436,500 $95,100 $341,400
2017 $5,231 $366,300 $70,200 $296,100
2016 $4,897 $340,300 $70,200 $270,100
2015 $4,802 $340,300 $70,200 $270,100
Source: Public Records

Agents Affiliated with this Home

  • Dan Pouladian

    Seller's Agent in 2024

    Dan Pouladian

    North Shore Realty Advisors

    (617) 548-7737

    4 in this area

    29 Total Sales

    Dan Pouladian
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Sara Pouladian

    North Shore Realty Advisors

    (617) 910-6646

    4 in this area

    19 Total Sales

    Sara Pouladian
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73269882

MLS Property Information Network (MLS PIN)

APN: BEVE M:0011 B:0149 L:

Massachusetts Essex County Beverly 01915 Downtown Beverly

245 Rantoul St, Beverly, MA

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MLS Property Information Network (MLS PIN) 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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