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116-118 Rantoul St
Beverly, MA 01915

Multifamily Property For Sale · 46 Units

Investment Highlights

  • Attractive brick and stone based exterior with large windows providing ample natural light.
  • Located within a half-mile of two public transportation bus-lines and the Beverly Commuter Rail Station.
  • Unique corner street positioned in-between Rantoul Street and Pleasant Street.
  • Phenomenal location with high household incomes from the surrounding neighborhoods.

Executive Summary

New 2,000 square foot commercial condo unit located in the heart of Downtown Beverly. Ideally located in between two bus stops and nearby to other public transportation such as the Beverly Commuter Rail Station. The entire building is well-maintained and fully occupied. The building’s prime location allows for high visibility and an increased traffic count. The exterior of the condo is constructed in full brick and stone with lots of large windows providing ample natural light throughout the interior. This corner condo unit comes with six deeded parking spots of which four are surface level and two are covered. This open condo layout is ideal for an existing spa, salon or retail building.

PROPERTY FACTS

No. Units 46
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class A
Lot Size 0.39 AC
Building Size 70,000 SF
No. Stories 5
Year Built 2006
Parking Ratio 0.09/1,000 SF
APN / Parcel ID BEVE-000004-000082-000107

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Views
  • Framed Mirrors

zoning

Zoning Code CC (ZONING: CC)
CC (ZONING: CC)
  • Listing ID: 26826173

  • Date on Market: 10/11/2022

  • Last Updated:

  • Address: 116-118 Rantoul St, Beverly, MA 01915

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