Open House:
Saturday, 11/9 1:00-2:30PM
This is a great opportunity to own in downtown Beverly at an affordable price. This well kept multi has units with updated granite countertops, hardwood floors updated bathroom and some fresh paint. The house is situated downtown near the beach and community events always happening plus a great local vibe. The house has a full basement for utilities and has a storage room for tenants. The roof was installed within the last 5 years with skylights which really brighten up the space. The units will include all appliances plus the coin - op washer & dryer in basement as gifts. There is great potential to separate the 2nd & 3rd floors into their own units the flow already works and the house has hardwired smokes & parking just need to clear it with the city.
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.
Historical Mixed-Use Building! Discover an exceptional investment opportunity in this beautifully updated property in vibrant Downtown Beverly. This property features a prime first-floor commercial space with a valuable liquor license, central A/C,offering approximately 3,357 square feet of versatile space, ideal for a bar, restaurant, wedding venue, entertainment venue, or retail venture. The finished basement adds extra potential for storage or expansion.Additionally, there are three updated residential units: - Unit 1: A spacious three-bedroom with a remodeled kitchen, open-concept living area, in-unit washer/dryer, tiled bathroom, and high ceilings. - Unit 2: A bright one-bedroom unit with modern finishes, high ceilings, and in-unit laundry. - Unit 3: A large cozy studio with a flexible floor plan and a back porch.Each residential unit is modernized, ensuring a fresh atmosphere that attracts tenants.
Welcome to a rare and versatile mixed-use property in the heart of Beverly, MA, with a three-bay garage alongside a charming multi-family home featuring three distinct units. This property is ideally located near the commuter rail, major highways, providing convenient access for both business operations and residential living. This mixed-use property presents a unique opportunity to capitalize on dual income streams. Whether you're a seasoned investor or aspiring entrepreneur, don't miss out on the potential that this property offers. Start your journey towards business success and residential prosperity in this sought-after Beverly location.
The median home value in Beverly, MA is $706,000. This is higher than the county median home value of $572,900. The national median home value is $338,100. The average price of homes sold in Beverly, MA is $706,000. Approximately 58.56% of Beverly homes are owned, compared to 38.5% rented, while 2.94% are vacant. Beverly real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Beverly real estate agent to arrange a tour today!
Beverly, Massachusetts has a population of 42,448. Beverly is more family-centric than the surrounding county with 31.13% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Beverly, Massachusetts is $89,882. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Beverly is 40.4 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 47.3 inches per year, with 43.5 inches of snow per year.