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.
Sale Statistics
Sale Overview
Original List Price:$2,000,000
Final Sale Price:$1,745,000
Difference:
$255,000 (-12.8%)
Performance Metrics
87.3%
List to Sale Ratio
Sold below asking price
31
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$410
Sale $/sq ft:$358
This property sold for $358 per square foot
Sale Summary
This property sold for 12.8% below the original asking price.
The property spent 31 days on market before selling.
Facts & Features
Property Overview
Property Type
5-9 Family
Property Category
Residential Income
Year Built
1880
Bedrooms
7
Full Bathrooms
7
Living Area
4,874 sq ft
Total Rooms
21
Stories
5
Levels
5
Interior Features
Flooring
Varies
Has Fireplace
No
Basement Details
Full, Unfinished
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
1.05 acres
Lot Size
45,738 sq ft
Lot Size Area
1.0500
Lot Features
Wooded
Road Frontage Type
Public
Parking & Garage
Garage Spaces
6
Has Garage
Yes
Total Non-Garage Parking Spaces
12
Parking Features
Paved Drive, Off Street, Paved
Covered Parking Spaces
6
Utilities & Systems
Utilities Available
for Gas Range, for Gas Oven
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
