$995,000
5
Beds
3
Baths
2,547
Living Area
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Property Description
Rare opportunity to own a well-located three-family in Danvers, ideal for investors or owner-occupants. This 2,547 sq ft property offers 13 rooms, 5 bedrooms and 3 full baths across three distinct units. The first-floor unit features 1 bedroom, a living room, office, dining area and kitchen, plus access to a deck off the dining room. The second-floor unit offers 2 bedrooms and an open living/dining layout. The third-floor unit includes 2 bedrooms, an open kitchen/living area and a skylight. Each unit has its own heating system. Units 1 and 2 are occupied by month-to-month tenants, while unit 3 is vacant, providing flexibility for an owner-occupant or new tenant. Additional highlights include a full basement with interior access and concrete floor & tenant storage, paved driveway with 6 off-street parking spaces, city water and sewer, and a corner lot. Conveniently located near downtown Danvers, shopping, restaurants, schools, commuter routes and public transportation. A compelling opportunity offering strong income potential and future upside.
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Highlights
- Heating: Natural Gas, Electric
- Parking Spots: 6
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 13
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1965
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Additional Details
- Appliances: Range, Refrigerator, Range Hood, Dishwasher
- Foundation: Stone
- Lot Features: Corner Lot, Cleared
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R1
- Construction: Frame
- Interior Features: Living Room, Dining Room, Kitchen, Office/Den
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $791,200
- Tax Year: 2025
- Total Rent: $4,700
- Rental Fee Includes: Unit 1(Electric, Water, Hot Water), Unit 2(Electric, Water, Hot Water), Unit 3(Hot Water)
- Taxes: $8,695
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