11 days on rocket

277 Rantoul St, Beverly, MA, 01915

$1,000,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
2 Full Baths, 2 Partial
4,050 SqFt
$247/SqFt
Multi

Location

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277 Rantoul St, Beverly$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Paved
Year Built1890
BasementYes
WaterfrontBeach, Ocean Front
MLS #73300874
Lot Size0.10 Acres
StatusActive

About 277 Rantoul St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Living Area: 4,050 SqFt

Listing Office:

  • Office Name: North Shore Realty Advisors
  • Office Phone: (617) 548-7737
  • Listing Agent: Sara Pouladian

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Carpet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front

Parking Information:

  • Parking: Paved Drive, Off Street, Paved

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

School Info

Assigned Schools Information:

  • Beverly High School, Public District Grades 9-12
  • Briscoe Middle School, Public District Grades 6-8
  • Ayers/Ryal Side School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Rantoul between Federal and Pond

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $247/SqFt
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Housing Market Comparison

See how this home compares to others in Beverly, MA.

Med. Sold Price

$700K

Med. Price/SqFt

$431

Avg. Days On Market

30

# of Sold Homes

25

277 Rantoul St vs Beverly

11 DAYS ON ROCKET

-19 Days

$1,000,000

+$300K More

$247/SqFt

-$184 Less

KEY TAKEAWAY

This property is $300K more than the Median Sold Price and $184/SqFt less than other homes in Beverly, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73300874

Listing Office:

  • Office Name: North Shore Realty Advisors
  • Office Phone: (617) 548-7737
  • Listing Agent: Sara Pouladian

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/22/2024, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 04, 2003Home Sold
$400,000
Oct 13, 2000Home Sold
$190,000
Dec 20, 1990Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $726,300
2020 - $628,100
2019 - $563,500
2018 - $527,300
2017 - $458,900

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-540819
6
/10
  • Ayers/Ryal Side School

  • 40 Woodland Ave

  • 0.35 miles

  • Public District Grades KG-5

Middle School

school-card-donut-540820
4
/10
  • Briscoe Middle School

  • 7 Sohier Rd

  • 0.66 miles

  • Public District Grades 6-8

High School

school-card-donut-540821
3
/10
  • Beverly High School

  • 100 Sohier Rd

  • 1.08 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,778. The most common annual income of people living in Beverly, MA is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesMassachusettsEssex CountyBeverly01915277 Rantoul St

This home is located at 277 Rantoul St in Beverly, MA and zip code 01915. This 4,050 square foot home, which was built in 1890, sits on a 0.10 acre lot. Features: 1 bedroom, 4 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $1,000,000.

Beverly, MA housing market in September 2024 saw over 15 listings sold above listed price, more than 2 sold at listed price and over 8 sold below. The inventory of homes for sale in Beverly, MA between August 2024 and September 2024 decreased by 9%. In September 2024 median list price was $700,000 and the average listing age was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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