261 Rantoul St

Beverly, MA 01915

$849,900
Price
5
Beds
3,231 Sq. Ft.
$263 / Sq. Ft.
3,231
Sq. Ft.
$263
per Sq. Ft.
New
New

Description

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...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.

Property Details for 261 Rantoul Street

Town
Beverly
Area
MA-Beverly
Garage Spaces
1
Parking Spaces
2.00
Parking Spaces Total
3
LISTING UPDATED: 12/04/2025 02:33 PM

Property Details for 261 Rantoul Street

StatusNew
MLS #73459598
Days on Market1
Taxes$6,856 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyEssex County

Location

Listing Courtesy of Keller Williams Realty Evolution, Davis McVay; Keller Williams Realty Evolution, Christian Smith
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Building Information for 261 Rantoul Street

Stories3Residences3Year Built1900Building Size-Lot Size0.06 AC / 2,522 SF

Payment Calculator

$4,771 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,200

Property Taxes

$571

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 261 Rantoul Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Marina, T-Station, University, Sidewalks
  • Living Area: 3231.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Edwards
  • High School: Beverly
  • Middle School: Briscoe
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Partial
  • Num of Baths: 4.0
  • Num of Full Baths: 2
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 4
  • DoorFeatures: Insulated Doors, Storm Door(s)
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl, Carpet, Varies, Hardwood
  • Interior Features: Ceiling Fan(s), Storage, Living Room, Kitchen, Family Room, Laundry Room
  • Interior Features: Window AC
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows, Storm Window(s)
Exterior Features
  • Construction: Frame
  • Exterior Features: Fenced Yard, Porch, Deck, Patio
  • Fencing: Fenced
  • Lot Description: Corner Lot, Zero Lot Line
  • Patio And Porch Features: Porch, Deck, Patio
  • Roof Material: Shingle
  • Waterfront Features: Harbor, River, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Off-Street, Other
  • Parking Features: Off-Street, Other
  • Parking Features: Off-Street
Utilities
  • Cooling: None, Window AC, Individual
  • Cooling: No
  • Electric: Individually Metered, Varies per Unit
  • Heating: Baseboard, Natural Gas, Individual, Unit Control
  • Heating: Yes
  • Sewage District: Essex
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Buyer and Buyer's agent to do own due diligence.
Tax Information
  • Tax ID: M:0011 B:0146 L:,4182038
  • Assessments: $623,800
  • Book: 16851
  • Tax Year: 2025
  • Zoning: CC
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone, Granite
  • Foundation Area: 1485.0
  • Levels: 3
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 261 Rantoul Street

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Listed (Active)

MLS PIN #73459598

$849,900—
Jan 31, 2001

Sold (Public Record)

Public Record #89230758

$226,000—
Oct 31, 2000

Expired

MLS PIN #30392937

$249,000—
Mar 14, 2000

Listed (Active)

MLS PIN #30392937

$255,000—
Dec 31, 1997

Expired

MLS PIN #30124752

$215,000—
Aug 30, 1996

Listed (Active)

MLS PIN #30124752

$215,000—
DateEvent & SourcePrice
12/03/2025

Listed (Active)

MLS PIN #73459598

$849,900
01/31/2001

Sold (Public Record)

Public Record #89230758

$226,000
10/31/2000

Expired

MLS PIN #30392937

$249,000
03/14/2000

Listed (Active)

MLS PIN #30392937

$255,000
12/31/1997

Expired

MLS PIN #30124752

$215,000
08/30/1996

Listed (Active)

MLS PIN #30124752

$215,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 261 Rantoul Street

Taxable ValueLand$249,500Additions$338,000Total$587,500
Home Facts
Baths2.5Total Finished SqFt3,231 SqFtAbove Grade Finished SqFt3,231 SqFtUnfinished Basement SqFt1,440 SqFtStories3Lot Size2,522 SqFtStyleOffice BuildingYear Built1900ZoningCCCountyESSEXAPNBEVE M:0011 B:0146 L:

Schools near 261 Rantoul Street

This home is within Beverly School District.
Rating
School
Type
Grades
Distance
Ayers/Ryal Side School
Public - K to 4
Briscoe Middle School
Public - 5 to 8
Beverly High School
Public - 9 to 12
Cove Elementary School
Public - K to 4
Rating
School
Distance
Ayers/Ryal Side School
PublicK to 4

Briscoe Middle School
Public5 to 8

Beverly High School
Public9 to 12

Cove Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 261 Rantoul Street, Beverly, MA 01915

261 Rantoul Street is a multi-family home for sale in Beverly, MA 01915. This property was listed for sale on December 3, 2025 by Keller Williams Realty Evolution, it's currently listed at $849,900. It has been on the market for a total of 1 days and was last sold on January 31, 2001. This listing's school district is Beverly School District. Nearby schools include Ayers/Ryal Side School, Briscoe Middle School and Beverly High School. 261 Rantoul Street is a 5-bed, 4-bath, 3,231 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Evolution, Davis McVay; Keller Williams Realty Evolution, Christian Smith

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.