Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Withdrawn

261 Rantoul St, Beverly MA 01915

$799,000

Estimated $1,867/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $266,333.33

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

3231

Total Parking: 2 (1 Garage)

2,522 (0.06)

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.

This home has been viewed 23 times

Last Checked: April 10th, 2026 at 4:29am (Source: MLS PIN #73459598)

Gross Income: $0

Gross Expenses: $6,855

Net Income Calc: $6,855

Annual Expenses for 261 Rantoul St, Beverly MA 01915

Total Gross Expenses (Calculated)$6,855/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6855.56

Annual Income & Unit Breakdown for 261 Rantoul St, Beverly MA 01915

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

Rent Includes

General Information for 261 Rantoul St, Beverly MA 01915

Listing ID73459598

Property TypeMulti Family / 3 Family

Price799000 ($247.29/SqFt)

Style3 Family

CityBeverly

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total3231

Approximate Lot Size (Acres)0.06

Total Parking2 (1 Garage)

Garage Parking1

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area1485

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningCC

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 261 Rantoul St, Beverly MA 01915

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsElectric Fireplace

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 261 Rantoul St, Beverly MA 01915

Real Estate Taxes6855.56

Tax Year2025

Assessed Value$623,800

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 261 Rantoul St, Beverly MA 01915

Elementary SchoolEdwards

Middle SchoolBriscoe

High SchoolBeverly

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 261 Rantoul St, Beverly MA 01915

Agent

Name: Davis McVay

Office

Name: Keller Williams Realty Evolution

Phone: 978-927-8700

Team Members

Payment Calculator

, Interest

Property Taxes 571.3

Principal & Interest 4923.18

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

Davis McVay

Agent Phone

Office Phone

(978) 927-8700

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.06 acres (2,522 SqFt)
    [add_date] => 2025-12-04 08:58:09
    [address] => Rantoul St
    [agent] => Array
        (
            [address] => 15 Artisan Drive Unit 424
            [city] => Salem
            [id] => CN229241
            [name] => Davis McVay
            [national_association] => 454009201
            [office] => AN6888
            [state] => NH
            [zip] => 03079
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 3231
    [approx_lot_size_acres] => 0.06
    [approx_lot_size_sqft] => 2522
    [assessed_value] => $623,800
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 5
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 3 Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Beverly
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
            [0] => Split
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [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 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.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => Edwards
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Electric Fireplace
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 1485
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 1
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => Beverly
    [horse_features] => Array
        (
            [0] => River
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-04-10 04:29:20
    [laundry_features] => Array
        (
            [0] => Archway
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 3
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => Briscoe
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73459598
    [neighborhoods] => Ipswich
    [net_income_calc] => -6855
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 3
    [office] => Array
        (
            [id] => C95098
            [name] => Keller Williams Realty Evolution
            [phone] => 978-927-8700
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
            [0] => Covered
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 799000
    [price_per_sqft] => 247.29
    [price_per_unit] => 266333.33333333
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 3 Family
        )

[real_estate_tax] => 6855.56
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 13
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Withdrawn
        )

[street_number] => 261
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 1
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 1
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 1
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2025
    [team] => CN229241
    [team_agents] => Array
        (
            [CN229241] => Array
                (
                    [agent_mls_id] => CN229241
                    [full_name] => Christian Smith
                    [address] => 8 Waterside Lane
                    [city] => West Newbury
                    [state] => MA
                    [postal_code] => 01985
                    [national_association_id] => 452018030
                    [office_mls_id] => AN6888
                )

)

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 6855
    [total_gross_income] => 0
    [total_parking] => 2 (1 Garage)
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Half
    [unit_1_bedrooms] => 0
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 1
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 1 Full, 1 Half
    [unit_3_bedrooms] => 4
    [unit_3_floor] => 2
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 261 Rantoul St, Beverly MA 01915
    [utilities] => Array
        (
            [0] => 110 Volts
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
            [0] => River
        )

[year_built] => 1900
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01915
    [zips] => 
    [zoning] => CC
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/711630/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73459598&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73459598&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=73459598&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=73459598&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=73459598&w=1024&h=768&n=6
            [6] => https://media.mlspin.com/photo.aspx?mls=73459598&w=1024&h=768&n=7
        )

[raw] => 
)

EXIT

5 More Photos

Withdrawn

261 Rantoul St, Beverly MA 01915

$799,000

Annual Expenses for 261 Rantoul St, Beverly MA 01915

Annual Income & Unit Breakdown for 261 Rantoul St, Beverly MA 01915

General Information for 261 Rantoul St, Beverly MA 01915

Disclosures for 261 Rantoul St, Beverly MA 01915

Financial Information for 261 Rantoul St, Beverly MA 01915

Location Information for 261 Rantoul St, Beverly MA 01915

Contact Information for 261 Rantoul St, Beverly MA 01915

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty Evolution

Davis McVay