261 Rantoul St
Beverly, MA, 01915
$849,900
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.
Current real estate data for Multi Family in Beverly as of Dec 08, 2025
10
Multi Family Listed
94
Avg DOM
380
Avg $ / SqFt
$3,385,380
Avg List Price
Property Details
Price:
$849,900
MLS #:
73459598
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Dec 3, 2025
Finished Sq Ft:
3,231
Total Sq Ft:
3,231
Lot Size:
2,522 sqft / 0.06 acres (approx)
Year Built:
1900
Units:
3
Schools
Elementary School:
Edwards
Middle School:
Briscoe
High School:
Beverly
Interior
Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms, 2 Half Bathrooms
Cooling
None, Window Unit(s), Individual
Flooring
Wood, Vinyl, Carpet, Varies, Hardwood
Heating
Baseboard, Natural Gas, Individual, Unit Control
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Marina, T-Station, University, Sidewalks
Construction Materials
Frame
Parking Features
Off Street, Other
Parking Spots
2
Roof
Shingle
Financial
Tax Year
2025
Taxes
$6,856
Map
Contact Us
Mortgage Calculator
Community
- Address261 Rantoul St Beverly MA
- CityBeverly
- CountyEssex
- Zip Code01915
Subdivisions in Beverly
Property Summary
- 261 Rantoul St Beverly MA is a Multi Family for sale in Beverly, MA, 01915. It is listed for $849,900 To schedule a showing of MLS#73459598 at 261 Rantoul St in Beverly, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.
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CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
More About JamesCourtesy of Keller Williams Realty Evolution. 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.
261 Rantoul St
Beverly, MA