$1,750,000
 $9,394 est/mo Sourced by Back At You

7 & 7 1/2 Bridge St , Danvers, MA 01923

Danvers, MA 01923

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Description

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!

Details

MLS#73332202
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1900
Days On Site9
Listing Provided ByAluxety | Pizzo Johanson Team

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet2,744
BasementY
Story(s)7
Units4
ZoningR2
Acreage0.31
Golf CourseYes
Water FrontYes

Market Activity 01923

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Learn More About This Property

StateMA
CountyEssex
CityDanvers
Zip Code01923
AreaDanversport
School DistrictDanvers
Elementary SchoolRiverside
Middle SchoolHolten Richmond
High SchoolDanvers
Listing VS Median (in 01923)
Price:
$1,750,000
low | high
Med:
$499,900
100% of Average
SqFt:
2,744
low | high
Med:
1,050
100% of Average
$ / SqFt:
$638
low | high
Med:
$476
75.348266666667% of Average
On Site:
9
low | high
Med:
41.000000
21.951219512195% of Average
Sourced by Back At You
Listing Updated: February 10, 2025 at 3:08:37 PM PST