$1,745,000
7
Beds
7
Baths
4,874
Living Area
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Property Description
Discover this meticulously maintained 7-unit apartment building in charming Danvers, MA. Each unit is a spacious 1-bedroom apartment featuring classic New England charm. The property boasts generous living areas with one full bathroom per unit and separate utilities. Ample off-street parking with 6 bay garage along with basement storage. Located near major highways, public transportation, downtown Danvers, parks, and healthcare facilities, this property offers easy access to essential amenities. With stable rental income and low operating expenses this property presents an excellent investment opportunity.
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Highlights
- Acres: 1
- Property Class: Residential Income
- Total Rooms: 21
- Status: Closed
- Parking Spots: 12
- Property Type: 5-9 Family
- Year Built: 1880
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Additional Details
- Basement: Full, Unfinished
- Flooring: Varies
- Lot Features: Wooded
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: R3
- Construction: Frame
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 7
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
- Parking Features: Paved Drive, Off Street, Paved
- Covered Parking Spaces: 6
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,106,700
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $6,400
- Buyer Agent Compensation: 1%
- Facilitator Compensation: 1%
- Taxes: $12,295
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Herrick Lutts Realty Partners.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.