245 Rantoul St, Beverly MA 01915

Beverly, MA 01915
$915,000
Est. $4,870/month
6
Beds
3
Baths
3,482
Sq Ft
$263
Price/Sq Ft
0.05
Acres
1800
Year Built
3 Family
Type
12
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73269882

About this home

This prime Downtown Beverly 3-story oversized three-family has been well maintained and numerous improvements have been made to the property. The property boasts a rentable square footage of 3,482± with a total gross of 4,998± SF. The property consists of two (2) three-bedroom units and one (1) two-bedroom unit all floor through with open floor plans. The property offers tenants coin-op laundry facilities, as well as one (1) surface parking spot and one (1) attached garage for additional income. Each unit is separately metered for gas heat /hot water with three newly installed hot water tanks in 2022 as well as separate electric meters. This property offers investors a value-add opportunity with under-market rents currently in place within a supply constrained prime location.

Sale Statistics

Sale Overview
Original List Price: $995,000
Final Sale Price: $915,000
Difference: $80,000 (-8.0%)
Performance Metrics
92.0%
List to Sale Ratio
Sold below asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $286
Sale $/sq ft: $263
This property sold for $263 per square foot
Sale Summary

This property sold for 8.0% below the original asking price.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1800
Bedrooms
6
Full Bathrooms
3
Living Area
3,482 sq ft
Total Rooms
16
Stories
3
Levels
3

Interior Features

Has Fireplace
No
Basement Details
Full

Exterior & Structure

Foundation
Stone
Has Spa
No
Waterfront Features
Harbor, Ocean, 1/10 to 3/10 To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.05 acres
Lot Size
2,161 sq ft
Lot Size Area
0.0500
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Leased
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,102
Tax Year
2024
Tax Assessed Value
$721,500
Parcel Number
M:0011 B:0149 L:,4182041
Zoning
CC

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Insurance is an estimate number due to a blank policy on the portfolio. We took the high avg possible but could be lower. $700-$900 per unit

Location

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Neighborhood

245 Rantoul St, Beverly MA 01915

Beverly, MA 01915

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $675
Homeowners Insurance $200
PMI $0

Property History

Market Insights

8%
Price Range
13
Total Days on Market

Property Timeline

Sold
Aug 30, 2024
$915,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Jul 26, 2024
$995,000
Original listing
Agent: Dan Pouladian Office: North Shore Realty Advisors

Price & Status History

Date Event Price Change
Jul 26, 2024 New Listing Added $995,000

Market Statistics

Days on Market
12 days
Price per Sq Ft
$263

Tax History

Year Taxes Assessment
2024 $8,102 $721,500

Financial Details

Annual Property Tax
$8,102
Tax Year 2024
Assessed Value
$721,500

Listing Information

Listing Agent Dan Pouladian
Listing Office North Shore Realty Advisors
Agent MLS ID NB115212
Office MLS ID AN7007

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