Unit | Size (sqft) | Beds | Baths | HOA Fees | Taxes | Parking Included | Days On Market | Date | Status | Price | |
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If you're a first-time buyer venturing into the world of homeownership, Gateway offers an inviting entry point. Situated on Rantoul Street, this charming condo building embodies the perfect blend of convenience and comfort. Built in 1988 and spanning two stories, Gateway features 77 total units, making it an intimate community where neighbors can easily connect. The low availability of units means that options may be limited, but this also enhances the sense of belonging that comes with condo living.
At Gateway, the units vary in size from cozy 500 square-foot apartments to more spacious 1,779 square-foot layouts. This range allows you to find a place that fits your lifestyle, whether you prefer a manageable studio or a larger one-bedroom suite. With an average closing price of around $420,500 and a price per square foot of $483, you’re entering a market that offers fair value in this vibrant Beverly neighborhood. The building is currently experiencing low demand, which might allow for exciting opportunities for motivated buyers.
Living at Gateway means surrounding yourself with a diverse and friendly neighborly vibe. The statistics show that a significant portion of the local community includes renters, making for a dynamic social environment. With a little over 39% of residents living in two-person households, there’s a wonderful mix of young couples and individuals who bring energy and enthusiasm to the building.