Unit Information
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.
- Additional Details
- Status: ACT
- Type: Multi-Family, 3 Family
- Zip Code: 01915
- Living Levels: 5
- Parking
- Parking: Paved Drive, Off Street, Paved
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 5
- Total Rooms: 8
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$1,000,000
- Listing ID: 73300874
- Bedrooms: 1
- Full Baths: 2
- Half Baths: 2
- Living Area: 4,050 sqft Convert
- Lot Size: 4,326 sqft Convert
- Acres: 0.1
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |