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Sammi (Wai Yi) Ng

sammiyeellc@gmail.com +1(617) 833-8856

$ 849,900

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Active

261 Rantoul St Beverly, MA 01915

5 Beds

3 Baths

3,231 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,231 sqft

Price per Sqft $263

MLS Listing ID 73459598

Bedrooms 5

Full Baths 2

Half Baths 2

Year Built 1900

Annual Tax Amount $6,855

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type 3 Family

Property Description

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.

Location

State MA

County Essex

Zoning CC

Direction GPS 261 Rantoul St

Rooms

Basement Partial

Interior

Interior Features Ceiling Fan(s), Storage, Living Room, Kitchen, Family Room, Laundry Room

Heating Baseboard, Natural Gas, Individual, Unit Control

Cooling None, Window Unit(s), Individual

Flooring Wood, Vinyl, Carpet, Varies, Hardwood

Appliance Range, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Garage Spaces 1.0

Fence Fenced

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Marina, T-Station, University, Sidewalks

Utilities Available for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup

Waterfront Description Harbor,River,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Total Parking Spaces 3

Garage Yes

Building

Lot Description Corner Lot, Zero Lot Line

Story 3

Foundation Stone, Granite

Sewer Public Sewer

Water Public

Schools

Elementary Schools Edwards

Middle Schools Briscoe

High Schools Beverly

Others

Senior Community false

Listed by Keller Williams Realty Evolution

SCHOOLSPROPERTIES

Elementary Schools 20

7

Hannah Elementary School

Public | KG - 5
7

Marblehead Community Charter Public School

Public | 4 - 8
6

Cove Elementary School

Public | PK - 5
5

Riverside Elementary School

Public | KG - 5
5

Witchcraft Heights

Public | KG - 5
5

Thomas Carroll Elementary School

Public | KG - 5
5

Bates

Public | KG - 5
5

Saltonstall School

Public | KG - 8
5

Carlton

Public | KG - 5
5

Ayers/Ryal Side School

Public | KG - 5
5

North Beverly Elementary School

Public | KG - 5
5

Centerville Elementary School

Public | KG - 5
4

Willis E. Thorpe Elementary School

Public | KG - 5
2

Nathaniel Bowditch

Public | KG - 8
0

Childrens Montessori Center

Private | PK - KG
0

Waldorf School at Moraine Farm

Private | PK - 8
0

The Phoenix School

Private | KG - 8
0

St John the Evangelist School

Private | PK - 8
0

Shore Country Day School

Private | KG - 9
0

Futures School

Private | PK - 12

Middle Schools 4

6

Salem Academy Charter School

Public | 6 - 12
5

Briscoe Middle School

Public | 6 - 8
4

Collins Middle School

Public | 6 - 8
0

Waring School

Private | 6 - 12

High Schools 5

4

Beverly High School

Public | 9 - 12
3

Salem High School

Public | 9 - 12
0

Bishop Fenwick High School

Private | 9 - 12
0

Salem Community Charter School

Public | 9 - 12
0

Salem Preparatory High School

Public | 9 - 12

School and business data provided by Attom Data.

Sammi (Wai Yi) Ng

Real Estate Broker & Consultant

+1(617) 833-8856

Sammi (Wai Yi) Ng

261 Rantoul St Beverly, MA 01915

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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261 Rantoul St