261 Rantoul St Beverly, MA 01915
Downtown Beverly NeighborhoodEstimated payment $5,037/month
Highlights
- Marina
- Deck
- Corner Lot
- Granite Flooring
- Property is near public transit
- 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
- 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
- Property is near 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
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 | $0 | $363,700 | $119,100 | $244,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $849,900 | -- | $263 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $226,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $169,500 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73459598
APN: BEVE M:0011 B:0146 L:
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