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240 Rantoul StreetBeverly, MA 01915Sale Price: $2,200,000

  • Sale Price: $2,200,000
  • 14 Days Since Sale
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,350,000List Price
  • 0.21Acreage
  • 10,176Square Feet
Sold

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Listed by Dan Pouladian of North Shore Realty Advisors

Listing Sold by North Shore Realty Advisors
240-244 Rantoul Street is located in the heart of Downtown Beverly, MA, this 3 story mixed-use asset consisting of eight (8) units 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 9,202Ā±, with a total gross of 10,176 Ā± 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 faƧade, two residential units completely renovated, window replacements, and commercial space build-out.

Property Details of 240 Rantoul Street

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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