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$589,900
Condo Name: The Gateway
2 Beds 2 Baths
HOA
$680
SQFT
1380
50 Rantoul St
Beverly, MA 01915
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Property Description

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

Amenities

  • Amenities: Highway Access, Park, Public Transportation, Shopping, Swimming Pool, T-Station
  • Association Fee Includes: Clubroom, Elevator, Exercise Room, Exterior Maintenance, Landscaping, Master Insurance, Refuse Removal, Sewer, Snow Removal, Swimming Pool, Water

Kitchen, Dining, and Appliances

  • Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Dining Room Level: First Floor
  • Dining Room Features: Flooring - Wood

Bathrooms

  • Full Baths: 1
  • Half Baths 1

Bedrooms

  • Bedrooms: 2
  • Master Bedroom Level: First Floor
  • Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Bedroom 2 Level: First Floor
  • Master Bedroom Features: Flooring - Wall to Wall Carpet

Other Rooms

  • Total Rooms: 4
  • Living Room Level: First Floor
  • Living Room Features: Ceiling Fan(s), Flooring - Hardwood

Utilities

  • Heating: Electric
  • Heat Zones: 1
  • Cooling: Central Air
  • Cooling Zones: 1
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 1380
  • Unit Building: 511
  • Unit Level: 5
  • Security: Intercom
  • Floors: 2
  • Pets Allowed: No
  • Laundry Features: In Unit
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: The Gateway
  • Condo Type: Condo
  • Complex Complete: U
  • Number of Units: 165
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $680
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 1988
  • Style: Townhouse
  • Construction Type: Brick
  • Roof Material: Rubber
  • Flooring Type: Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Parking Features: Off-Street
  • Parking Spaces: 1

Exterior & Grounds

  • Pool: Yes
  • Waterfront Features: Ocean
  • Distance to Beach: 1 to 2 Mile
  • Beach Ownership: Public

Other Information

  • MLS ID# 73593795
  • Last Updated: 11/03/26
  • Documents on File: Master Deed, Rules & Regs

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Map

Seller's Representative: Joseph Maher, Maher Realty Group LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-11-03 19:51:00