Sold for $850,000

$850,000

277 Rantoul St, Beverly, MA 01915

1beds

4,050sqft

3 Family

Built in 1890

-- sqft lot

$1,026,900 Zestimate^®

$210/sqft

$3,803 Estimated rent

Home value

$1,026,900

$893,000 - $1.18M

$3,803/mo

Zestimate^® history

Owner options

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$3,803/mo

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$3,803/mo

Rent Zestimate^®

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$5,289/mo

Est. payment

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$5,289/mo

Est. payment

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What's special

Oversized one-bedroom unitsOpen floor plans

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2

Features

Flooring: Tile, Carpet
Basement: Full,Bulkhead,Unfinished
Has fireplace: No

Interior area

Total structure area: 4,050
Total interior livable area: 4,050 sqft

Property

Parking

Parking features: Paved Drive, Off Street, Paved
Has uncovered spaces: Yes

Features

Waterfront features: Ocean, 1/10 to 3/10 To Beach

Lot

Size: 4,326 Square Feet

Details

Parcel number: M:0011 B:0128 L:,4182020
Zoning: CC

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Foundation: Stone
Roof: Rubber

Condition

Year built: 1890

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Oven

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Location

Region: Beverly

Financial & listing details

Price per square foot: $210/sqft
Tax assessed value: $817,600
Annual tax amount: $14,464
Date on market: 12/24/2025
Total actual rent: 7200

Price history

Date	Event	Price
12/10/2024	Sold	$850,000-15%$210/sqft
Source: MLS PIN #73300874 Report a problem
10/10/2024	Listed for sale	$1,000,000+150%$247/sqft
Source: MLS PIN #73300874 Report a problem
9/4/2003	Sold	$400,000+110.5%$99/sqft
Source: Public Record Report a problem
10/13/2000	Sold	$190,000+35.7%$47/sqft
Source: Public Record Report a problem
12/20/1990	Sold	$140,000$35/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$866,500 +6%
2024	--	$817,600
2023	--	$817,600
2022	--	$817,600 +12.6%
2021	--	$726,300 +15.6%
2020	--	$628,100 +11.5%
2019	--	$563,500 +6.9%
2018	--	$527,300 +14.9%
2017	--	$458,900
2016	--	$458,900
2015	--	$458,900