Prime investment opportunity! This well-maintained four-unit multifamily property, plus a detached commercial space, offers strong rental potential on one lot. The multifamily includes a studio and 1-bed/1-bath unit on the first floor, a 2-bed/1-bath unit on the second floor, and another 2-bed/1-bath unit on the third floor. In-building coin-op laundry for added tenant convenience. The detached commercial space features a built-out upper level and finished basement, kitchen, and three half-bathsideal for various business uses. Ample parking with 18 spaces. Convenient access to downtown Beverly, Danvers, Rt 128, and more. A rare chance to diversify your portfolio with both residential and commercial income streams!
MLS# | 73332202 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 9 |
Listing Provided By | Aluxety | Pizzo Johanson Team |
Bed(s) | 6 |
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Bath(s) | 4 Total |
SQ Feet | 2,744 |
Basement | Y |
Story(s) | 7 |
Units | 4 |
Zoning | R2 |
Acreage | 0.31 |
Golf Course | Yes |
Water Front | Yes |
State | MA |
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County | Essex |
City | Danvers |
Zip Code | 01923 |
Area | Danversport |
School District | Danvers |
Elementary School | Riverside |
Middle School | Holten Richmond |
High School | Danvers |
Listing VS Median (in 01923) | |
Price: $1,750,000 low | high Med: $499,900 SqFt: 2,744 low | high Med: 1,050 $ / SqFt: $638 low | high Med: $476 On Site: 9 low | high Med: 41.000000 |