261 Rantoul St Beverly, MA 01915
Downtown Beverly NeighborhoodEstimated payment $4,729/month
Total Views
29,799
5
Beds
4
Baths
3,231
Sq Ft
$247
Price per Sq Ft
Highlights
- Beach Front
- Granite Flooring
- Property is near public transit and schools
- Marina
- Deck
- 1-minute walk to Sam Carratu Park
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,856
Year Built
- Built in 1900
Lot Details
- 2,522 Sq Ft Lot
- Beach Front
- Fenced
- Corner Lot
- Zero Lot Line
Parking
- 1 Car Garage
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,231 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Insulated Windows
- Insulated Doors
- Family Room
- Living Room
- Storage
- Washer and Electric Dryer Hookup
- Partial Basement
- Range
Flooring
- Wood
- Carpet
- Granite
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
Home Security
- Storm Windows
- Storm Doors
Outdoor Features
- Deck
- Patio
- Porch
Location
- Property is near public transit and schools
Schools
- Edwards Elementary School
- Briscoe Middle School
- Beverly High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Baseboard Heating
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number M:0011 B:0146 L:,4182038
Community Details
Overview
- 3 Units
Amenities
- Shops
- Coin Laundry
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | -- | $623,800 | $272,200 | $351,600 |
| 2024 | -- | $587,500 | $249,500 | $338,000 |
| 2023 | $0 | $587,500 | $249,500 | $338,000 |
| 2022 | $0 | $558,900 | $226,800 | $332,100 |
| 2021 | $0 | $520,000 | $226,800 | $293,200 |
| 2020 | $0 | $405,100 | $141,100 | $264,000 |
| 2019 | $5,767 | $363,700 | $119,100 | $244,600 |
| 2018 | $5,707 | $340,600 | $105,800 | $234,800 |
| 2017 | -- | $318,600 | $83,800 | $234,800 |
| 2016 | $5,921 | $318,600 | $83,800 | $234,800 |
| 2015 | $5,921 | $318,600 | $83,800 | $234,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | Price Changed | $799,000 | -6.0% | $247 / Sq Ft |
| 12/03/2025 12/03/25 | For Sale | $849,900 | -- | $263 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $226,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | Commercial | |
| Closed | $169,500 | Commercial | |
| Previous Owner | $120,000 | Commercial | |
| Previous Owner | $75,000 | Commercial |
Source: Public Records
About the Listing Agent
Davis' Other Listings
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73459598
APN: BEVE M:0011 B:0146 L:
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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