Condominium at 50 Rantoul St # 511, Beverly
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$589,900

50 Rantoul St # 511
Beverly, MA 01915
Listed by Joseph Maher
Bedrooms
2
Bathrooms
1.5
Living area
1,380 sqft
Year built
1988

About this home

Rare opportunity to own a bright and beautiful corner penthouse in The Gateway, a character-filled converted mill building in the heart of downtown Beverly. This distinctive two-bedroom, 1.5-bath condo stands apart with charming exposed brick, soaring ceilings, and oversized windows on two sides that flood the space with natural light and offer glimpses of Beverly Harbor. Blending historic character with modern convenience, the unit features an updated kitchen and bathrooms, in-unit laundry, and two inviting bedrooms with brand-new carpeting. The primary bedroom showcases additional exposed brick, adding to the home’s unique industrial-chic appeal. A versatile loft provides the perfect space for a home office, creative studio, or reading nook, with adjacent extra storage. Enjoy an array of community amenities, including an outdoor pool, rooftop deck, patio, courtyard, fitness room, and community room. Deeded off-street parking and additional guest parking add everyday convenience. With its distinctive character, welcoming community, and unbeatable downtown location, The Gateway offers easy access to Beverly’s restaurants, shops, nearby beaches, and is just 1/4 mile away from the commuter rail to Boston. The association has a long history of responsible management, adding to the appeal of this special offering. A rare opportunity to own a truly unique home in one of downtown Beverly’s most character-filled buildings! Pet friendly! Open House Sunday, November 8th from 11:00 am - 1:00 pm.

Property details

MLS
MLS Property Information Network
MLS #
73593795
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
13
On market date
October 21, 2026
Stories
2
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
1
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Ayers/Ryal Side School
0.56 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
392
Student:teacher ratio
14.5:1
District
Beverly
Middle
Beverly Middle School
1.43 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,427
Student:teacher ratio
13.5:1
District
Beverly
High
Beverly High
1.44 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,299
Student:teacher ratio
13.8:1
District
Beverly

Walkability

Blended score for Beverly's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

95
Highly walkable
out of 100
EPA National Walkability Index
18.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks20
Schools10
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Beverly, from live MLS data.

On the market 13 days -- 87 fewer days than Beverly's current average of 100 days.
For reference, the median list price across 228 active listings in Beverly right now is $549,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$3,702/mo
$117,980 down
$471,920 loan
Principal & interest$3,061
Property tax (est.)$492
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.