There are multiple listings for this address:

7 Bridge St

Danvers, MA, 01923

$2,050,000

6 Beds

5 Baths

6,277 SqFt

0.31 Acres

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

Price:

$2,050,000

MLS #:

73271045

Status:

Active

Beds:

Baths:

Address:

7 Bridge St

Type:

Multi Family

Subtype:

5+ Family – 5+ Units Up/Down

City:

Danvers

Listed Date:

Jul 30, 2024

State:

Finished Sq Ft:

6,277

Total Sq Ft:

6,277

ZIP:

01923

Lot Size:

13,447 sqft / 0.31 acres (approx)

Year Built:

1900

Units:

Schools

Interior

Bathrooms

4 Full Bathrooms, 2 Half Bathrooms

Exterior

Parking Features

Paved Drive, Shared Driveway, Off Street, Paved

Parking Spots

Financial

Tax Year

2024

Taxes

$11,089

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Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

pegasusrealtyma@gmail.com

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of The Mega Group. 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.

Rover IDX

7 Bridge St

Danvers, MA

7 Bridge St

Danvers, MA, 01923

$2,050,000

Beds

6 Baths

6,277 SqFt

0.31 Acres