261 Rantoul St, Beverly, MA 01915

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
261 Rantoul St,Beverly, MA 01915
$849,900
  • 5 Beds
  • 4 Baths
  • 3,231 sq. ft.
  • Multi-family
  • Active
Listed by: davis mcvay, christian smith
Office: keller williams realty evolution
MLS#:73459598
Source:MLSPIN

Price summary

  • Price:$849,900
  • Price per sq. ft.:$263.05

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.

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Home facts

  • Year built:1900
  • Listing ID #:73459598
  • Updated:December 17, 2025 at 01:34 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:2
  • Half bathrooms:2
  • Living area:3,231 sq. ft.

Heating and cooling

  • Cooling:Individual, Window Unit(s)
  • Heating:Baseboard, Individual, Natural Gas, Unit Control

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:3,231 sq. ft.
  • Lot area:0.06 Acres

Schools

  • High school:Beverly
  • Middle school:Briscoe
  • Elementary school:Edwards

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$849,900
  • Price per sq. ft.:$263.05
  • Tax amount:$6,855 (2025)
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