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    261 Rantoul St Beverly, MA 01915

    New
    For Sale
    $849,900

    3 Family - Beverly, MA

    Property size:
    3,231 SF
    Lot size:
    0.06 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 261 Rantoul St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CC
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    4
    APN
    M:0011 B:0146 L:,4182038
    Parking
    2
    Parking features
    Off Street, Other
    Size
    3,231 SF
    Lot size
    0.06 Acres

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    3
    Architectural style
    Other

    Keller Williams Realty Evolution [email protected]

    Listing agent Davis McVay (978) 927-8700

    Listing date Dec 4, 2025

    MLS# 73459598 Listing URL

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Beverly, MA

    Located on the corner of Federal and Rantoul, 261 Rantoul St presents a mixed-use opportunity in Beverly. The building, with a size of approximately 3,300 square feet, features a storefront with high visibility, two residential units, and an oversized garage including a full basement. The property has flexible use options. It includes a new 400-amp electrical system and updated fire alarm systems. Situated steps from Beverly Depot, the property is surrounded by new development and consistent commercial demand. The location is zoned CC. The lot size is 0.06 acres. The property offers storefront exposure, on-site housing, garage and storage capacity, and walk-to-train access. It is a mixed-use asset ready for repositioning, owner-occupancy, or redevelopment. The property size is 3,231 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.883189
    Latitude
    42.550048

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with storefront, residential units, and garage.
    Where is this mixed-use property located?
    The property is located at 261 Rantoul St Beverly, MA.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: - Rare mixed-use property in a high-growth area of Beverly.; - High-visibility storefront with flexible use options.; - Two residential units plus an oversized garage with a full basement.
    (978) 927-8700
    Request Owner's contact information
    261 Rantoul St Beverly, MA 01915
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    261 Rantoul St Beverly, MA 01915
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