Off Market

7 Bridge St, Danvers, MA

Danvers · MA 01923

$2,050,000
Price
6
Beds
5
Baths
6277
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 0.31 Acre Lot
Price per square foot: $327 / Sq.Ft
Parking: 16 Off Street Spaces

About this home

7 Bridge Street Danvers is situated just off Route 62 at the Ryal Side split and is a mixed-use property containing two (2) buildings with sixteen (16) off-street parking spaces. #7 Bridge is a three-story multi-family property containing four (4) apartments and #7.5 Bridge is a 3,442 +/- square foot commercial building which was the property owners place of business for over 20 years. This is a quintessential value-add investment opportunity or owner occupant situation with additional rental income in place. The property is zoned R2 (Residential) with a Finding to allow commercial uses in the 7.5 Bridge building that the town hall may approve. All five units have separate electric and natural gas, where applicable, and hot water is included in with all four apartments rent. Commercial unit could be delivered vacant or tenanted, we have a user that wants to sign a 5/5 NNN lease. See website for full investment details including full unit descriptions and rent roll.

Neighborhood & Transit

7 Bridge St, Danvers · MA 01923

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
826 days
Listing Price:
$2,050,000
Price per Sq.Ft:
$327
Tax Assessment:
$998,100 in 2024
Taxes:
$924 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
4
Half Bathrooms
2
Living Area
6,277 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6277
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
13,447 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
16 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Brian DApice
Listing office
The Mega Group
MLS PIN #
73271045
Disclosure
Buyers to compensate their own Buyer's Agent