Danvers, MA 01923,7 & 7 1/2 Bridge St
Danvers, MA 01923,7 & 7 1/2 Bridge St
Danvers, MA 01923,7 & 7 1/2 Bridge St
$1,600,000
Est. payment /mo
$1,750,000
8.6%
Est.Price: ?

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2,117 SqFt
SOLD DATE : 04/22/2025

Key Details

Sold Price $1,600,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,117 sqft

Price per Sqft $755

MLS Listing ID 73332205

Sold Date 04/22/25

HOA Y/N false

Year Built 1972

Annual Tax Amount $16,409

Tax Year 2025

Lot Size 0.310 Acres

Acres 0.31

Property 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-baths—ideal 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!

Location

State MA

County Essex

Area Danversport

Zoning R2

Direction On the corner of Elliott St & Bridge St (directly across from the gas station).

Exterior

Utilities Available Public Water, Public Sewer

Roof Type Rubber

Total Parking Spaces 18

Others

Senior Community false

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Listed by Aluxety
Bought with Patricia Cappiello • Turn Key Realty

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agent

David Greco

+1(978) 327-1076

General Manager and Agent MA and NH | License ID: MA 9569405 NH 077530

General Manager and Agent MA and NH License ID: MA 9569405 NH 077530

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