Active

7 & 7 1/2 Bridge St

Danvers MA, 01923

$1,750,000


$826.64 per sqft

Active

3 Baths

2,117 sqft

Commercial

Built in 1972

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!

73332205

MLS ID

February 4, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Bathrooms

3


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.31 Acres


Roof

Rubber

Other Property Details

Area Name

Danversport


Taxes

$16,409


Tax Frequency

Annually


Garage

No


Parking Total

18


View

No


County

Essex


Pool

No


Utilities

Public Water, Public Sewer


Zoning

R2

 

Courtesy of The Pizzo Group, Aluxety

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