$1,000,000 ($246.91 per sqft)

Est. Mortgage $4,796/mo *

Quick Pre-Approval

277 Rantoul St, Beverly, MA, 01915

277 Rantoul St, Beverly, MA, 01915

8 rooms

1 beds

2 Full / 2 Half baths

1890

4,050 sqft

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.


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

CC

Basement:

Full, Bulkhead, Unfinished

Levels:

5

Parking:

Paved Drive, Off Street, Paved

Acreage:

0.1

Est. Taxes:

$14,464

Assessment

$817,600

Utilities

for Electric Range, for Electric Oven

Amenities:

Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

MLS #:

73300874


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Sara Pouladian, North Shore Realty Advisors Phone: 617-548-7737