277 Rantoul St Beverly, MA SOLD
$850,000
Beds 1
Baths 3
Square Feet 4,050
Acres 0.10
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Sold By
Sara Pouladian, North Shore Realty AdvisorsDescription
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.
Listed by North Shore Realty Advisors, Sara Pouladian
Sold by North Shore Realty Advisors, Sara Pouladian
Details
MLS 73300874
Status Closed
Price $850,000
DOM 61 days
Type Multi-Family
Beds 1
Total Baths 2 full, 2 half baths
Square Feet 4,050 sqft
Lot Size 0.10 acres
Year Built 1890
Lot & Building Features
Sewer Public Sewer
Tax Year 2024
Taxes Paid $14,464
Water Public
Foundation Stone
Roof Rubber
Full Baths 2
Half Baths 2
Parking Off Street, Paved Drive, Paved
Total Rooms 8
Basement Feature Bulkhead, Unfinished, Full
Garage Spaces 0
Waterfront 1/10 to 3/10 To Beach, Ocean, Beach Front
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.