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261 Rantoul StBeverly, MA 01915

For Sale

$849,900

Smart Buyer Rebate $4,250

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.

Listed by Christian Smith

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Keller Williams Realty Evolution

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978-480-8571

Listed by Davis McVay

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Keller Williams Realty Evolution

Last updated December 07, 2025

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Source: MLSPin #73459598

Listing Facts

  • TypeMulti-family
  • NeighborhoodBeverly
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu9
  • Taxes$6,855.56/year
  • Size3,231 sqft
  • Price per sqft$263

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

12/03/2025
Listed by Keller Williams Realty Evolution
$849,900

Property Details for 261 Rantoul St

Association

Amenities

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

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle
  • Stories: 3
  • Stories Total: 3
  • Window Features: Insulated Windows, Storm Window(s)
  • Year Built: 1900
  • Year Built Details: Actual
  • Construction Materials: Frame

Features

  • Fencing: Fenced
  • Patio And Porch Features: Porch, Deck, Patio
  • Road Frontage Type: Public
  • Waterfront Features: Harbor, River, 3/10 To 1/2 Mile To Beach, Beach Ownership(Public)

Measurements

  • Building Area Total: 3,231
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot, Zero Lot Line
  • Lot Size Acres: 0.06
  • Lot Size Area: 0
  • Lot Size Square Feet: 2,522
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:0011 B:0146 L:,4182038
  • Tax Annual Amount: $6,855.56
  • Tax Assessed Value: $623,800.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Refrigerator
  • Flooring: Wood, Vinyl, Carpet, Varies, Hardwood
  • Interior Features: Ceiling Fan(s), Storage, Living Room, Kitchen, Family Room, Laundry Room

Measurements

  • Living Area: 3,231
  • Living Area Source: Public Record

Rooms

  • Basement: Partial
  • Bathrooms Full: 2
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5
  • Rooms Total: 13

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking Spaces: 1
  • Parking Features: Off Street, Other
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Edwards

High School

  • High School: Beverly

Middle or Junior School

  • Middle Or Junior School: Briscoe

Utilities

Equipment

  • Cooling: None, Window Unit(s), Individual
  • Electric: Individually Metered, Varies Per Unit
  • Heating: Baseboard, Natural Gas, Individual, Unit Control
  • Has Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 4 bathrooms in this multi-family home at 261 Rantoul St.

What schools are nearby to 261 Rantoul St?

Nearby schools include the Edwards Elementary School, Briscoe Middle School, and Beverly High School.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 261 Rantoul St.

What are the annual taxes for 261 Rantoul St?

Annual taxes for this multi-family home are estimated at $6,855.

How does 261 Rantoul St compare to other multi-family homes in Beverly?

This multi-family home is listed 15% below the average price for multi-family homes in Beverly and has been on the market for 97 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,231 sqft.

261 Rantoul St is a 5-bedroom, 4-bath multi-family home for sale in Beverly MA 01915. Available on Prevu for 9 days at $849,900. This residence features 3,231 square feet of living space, located in Beverly. The median listing price for multi-family homes in this area is $764,000. Nearby schools include Edwards Elementary School, Briscoe Middle School, and Beverly High School. Property amenities include private outdoor space and parking. Browse more multi-family home listings in Massachusetts.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.