GREAT OPPORTUNITY FOR INVESTORS!!! MIXED USE BUILDING! Downtown Beverly is open for business and is offering TIF (Urban Center Tax Increment Financing) for Rantoul Street. This property is walking distance to the new MBTA Parking Garage. This mixed use 4 Unit property consists of an approximately 3,000 sqft restaurant and bar on the first floor with 3 residential apartments above. The first floor commercial space is under lease until March 2020 with present rent at $3,256 per month rising over over the lease to $3,500 per month. The three apartments will need renovation and consist of two - 2 bedroom units and one - 4 bedroom unit. The top floor is rented for $1,000 per month and is a TAW. The utilities are oil and gas with some utilities being shared between the owner and the tenant.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
