Investors! Come take a look at this well maintained income property with 4 Units! 3 Units have been remodeled with new kitchens and baths, granite counters, appliances, refinished wood floors, new thermal pane windows. There is off street parking for 3+ cars. Units 2 & 3 have glass sliders to a porch. Unit 1 & 4 are studios, (unit 1 needs remodeling). 5 Electric 100 Amp services, and 4 electric hot water heaters. Showings accompanied and by appointment only starting April 10th. Offers by 5PM on 4/16/24.

Property Details

Price:
$1,200,000
MLS #:
73221081
Status:
Active
Beds:
6
Baths:
4
Address:
394 Rantoul St
Type:
Multi Family
Subtype:
4 Family
City:
Beverly
Listed Date:
Apr 7, 2024
State:
MA
Finished Sq Ft:
2,642
ZIP:
01915
Lot Size:
2,400 sqft / 0.06 acres (approx)
Year Built:
1910

Schools

Interior

Appliances
Range, Refrigerator, Dishwasher, Microwave, Range Hood
Bathrooms
4 Full Bathrooms
Flooring
Wood, Tile, Laminate, Hardwood, Stone/ Ceramic Tile
Heating
Electric

Exterior

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Public School, T- Station, Sidewalks
Construction Materials
Frame
Exterior Features
Balcony/ Deck, Varies per Unit
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
3
Roof
Shingle

Financial

Buyer Agent Compensation
2%
Net Operating Income
$83,400
Tax Year
2024
Taxes
$8,238

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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.,…

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394 Rantoul St
Beverly, MA