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listing
1 of 23
MultifamilyPending
$2,350,000
240 Rantoul St
Beverly, MA 01915
Courtesy of North Shore Realty Advisors - Dan Pouladian
MLS Property Information Network
8Beds
4Full4Half Baths
9,202Sq Ft
Est. Mortgage
$12,230/mo

Located in the heart of Downtown Beverly, MA, this 3-story mixed-use asset consisting of eight (8) units is a rare find and has not been available for sale since 1990. This generational asset has been well maintained and numerous improvements have been made to the property. The property boasts a rentable square footage of 9,202±, with a total gross of 10,176 ± SF. The property consists of four (4) high-end two-bedroom units, two (2) storefront retail units with high visibility and two (2) industrial units facing Park Street. The property offers their residence coin-op laundry facilities, and twenty-two (22) off-street parking with entrance from Park Street. Each unit is separately metered for gas heat / hot water and electricity. Some notable capital improvements completed in 2023 consist of a new rubber membrane roof, new front façade, two residential units completely renovated, window replacements and commercial space build-out. The asset offers a turn-key prime investment.

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Information courtesy of North Shore Realty Advisors is subject to verification and is not guaranteed.
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