Sold!
$620,000
5
Beds
3/1
Baths
3,820
Living Area
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Property Description
Attention investors, developers and general contractors! Here is the rare opportunity to own an income producing property in a beautiful Danvers neighborhood! There is close access to I-95! Restore this property to its original grandeur and benefit from the income! Buyer and buyer's agent to do their due diligence regarding renovation restrictions/requirements for historical or protected houses and site plans. The seller makes no representations. This property is a legal two family. Condition of sale: the 2 story rear addition, including its rooms, garage and its basement, shall be demolished by the buyer within 4 months of the sale date, construction funds to be deposited into escrow. The buyer shall install a new driveway. There will be a temporary easement. Utilities need to be separated (water and sewer lines). The seller has never occupied this home. Buyer and the buyer's agent should do their due diligence. Sold "As -Is"
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Highlights
- Property Class: Residential Income
- Total Rooms: 11
- Status: Closed
- Property Type: Multi Family
- Year Built: 1820
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Additional Details
- Basement: Full, Bulkhead, Unfinished
- Exterior Features: Rain Gutters, Sprinkler System
- Flooring: Wood, Tile, Carpet, Laminate, Hardwood
- Lot Features: Sloped
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: R3
- Exclusions: 2 Story Rear Addition And Its Basement, Shall Be Demolished By Buyer Within 4 Months Of Sale Date.
- Fireplaces: 1
- Foundation: Block, Stone, Brick/Mortar
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Shopping, Highway Access, Private School, Public School
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,168,300
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2024
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Taxes: $12,980
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Listing information provided courtesy of Showcase Of Homes, REALTORS®.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
