240 Rantoul St Pending

Beverly,MA 01915

$ 2350000

- Bed

- Bath

10176 SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 10,176 sqft

Price per Sqft $230

MLS Listing ID 73269885

Year Built 1900

Annual Tax Amount $20,206

Tax Year 2024

Lot Size 9,147 Sqft

Property Description

240-244 Rantoul Street is located in the heart of Downtown Beverly, MA, this 3 story mixed-use asset consisting of eight (8) units has not been available for sale since 1990. This generational asset has been well maintained and numerous improvements have been made to the property. The property boasts a rentable square footage of 9,202�, with a total gross of 10,176 � SF. The property consists of four (4) high-end two-bedroom units, two (2) storefront retail units with high visibility and two (2) industrial units facing Park Street. The property offers their residence coin-op laundry facilities, and twenty-two (22) off-street parking with entrance from Park Street. Each unit is separately metered for gas heat / hot water and electricity. Some notable capital improvements completed in 2023 consist of a new rubber membrane roof, new front fa�ade, two residential units completely renovated, window replacements, and commercial space build-out.

Location

State MA

County Essex

Zoning CC

Exterior

Utilities Available Public Water,Public Sewer,Natural Gas Available

Waterfront false

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