Danvers 6 Bed 6 Bath Multi-Family Home for Sale

Not Available - Off Market

This Property is No Longer Available

7 Bridge St, Danvers, MA 01923
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$2,050,000

5 Unit

6 Beds

6 Baths

6277 SQFT

0.31 Acre

Property Description

7 Bridge Street Danvers is situated just off Route 62 at the Ryal Side split and is a mixed-use property containing two (2) buildings with sixteen (16) off-street parking spaces. #7 Bridge is a three-story multi-family property containing four (4) apartments and #7.5 Bridge is a 3,442 +/- square foot commercial building which was the property owners place of business for over 20 years. This is a quintessential value-add investment opportunity or owner occupant situation with additional rental income in place. The property is zoned R2 (Residential) with a Finding to allow commercial uses in the 7.5 Bridge building that the town hall may approve. All five units have separate electric and natural gas, where applicable, and hot water is included in with all four apartments rent. Commercial unit could be delivered vacant or tenanted, we have a user that wants to sign a 5/5 NNN lease. See website for full investment details including full unit descriptions and rent roll.

Property Details tap to expand

Building Information

Total Units: 5
Total Floors: 3
Total Bedrooms: 6
Total Full Baths: 4
Total Half Baths: 2

Financial

APOD Available: Yes

Utilities

Heat Zones: 5
Cooling Zones: 5
Electric Info: Circuit Breakers, Underground
Water: City/Town Water, Private
Sewer: City/Town Sewer, Private

Unit 1 Description

Under Lease: Yes

Unit 2 Description

Under Lease: Yes

Construction

Year Built: 1900
Type: 5+ Family - 5+ Units Up/Down
Foundation Info: Other (See Remarks)
Lead Paint: Unknown
Warranty: No

Other Information

MLS ID# 73271045
Last Updated: 10/01/24

Property History tap to expand

Date	Event	Price	Price/Sq Ft	Source
10/01/2024	Expired	$2,050,000	$327	MLSPIN
10/01/2024	Expired	$2,050,000	$327	MLSPIN
08/03/2024	Active	$2,050,000	$327	MLSPIN
08/03/2024	Active	$2,050,000	$327	MLSPIN
07/30/2024	New	$2,050,000	$327	MLSPIN
07/30/2024	New	$2,050,000	$327	MLSPIN

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Seller's Representative: Brian DApice, The Mega Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-10-01 03:06:00

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7 Bridge St Danvers, MA 01923

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